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Home › Dodgy Deals ›
Target Dodgy Deal
Jadar lithium mineSerbia

Project – Target

This profile is a priority campaign target
Profile by:
Mars sa Drine Collective
Contact:

Ana Kondic, Mars sa Drine

Last update: 2025-05-28 00:00:00
Agricultural land in the Jadar valley which faces being destroyed by Rio Tinto's mining project. Photo: Milan Mijatovic

Project – Target

This profile is a priority campaign target
Profile by:
Mars sa Drine Collective
Contact:

Ana Kondic, Mars sa Drine

Last update: 2025-05-28 00:00:00
Why this profile?

Why this profile?

Rio Tinto's Jadar mine project is planned to be  built in a fertile river valley which will be threatened by pollution from the mine, processing center and associated tailings pond. Hundreds of farmers are threatened with eviction and the circa 19,000 people living in the valley will be left with the danger of toxified water, air and soil. The project faces considerable local and national opposition.

 

What must happen

Banks and institutional investors with shareholdings or bondholdings in Rio Tinto should conduct meaningful, time-bound engagement with the company to insist it fully addresses the social, human rights and environmental issues presented by the Jadar mine before proceeding with its development.

Further, banks with lending exposure to Rio Tinto must commit to ensure their financing does not support the Jadar project, either directly or indirectly, until all outstanding social, human rights and environmental issues have been effectively resolved.

About
Take Action!
Rio Tinto, Get Off The Drina! People united for a clean Serbia
Sectors Mining
Location
Status
Planning
Design
Agreement
Construction
Operation
Closure
Decommission
Website https://www.riotinto.com/operations/projects/jadar

Rio Tinto planned to develop a lithium and borate mine in the Jadar Valley, Serbia. The mine would produce battery-grade lithium carbonate, a mineral used in large scale batteries. The proposed development included an underground mine with associated infrastructure and equipment, including electric haul trucks, as well as a chemical processing plant to produce the lithium carbonate. The project was expected to require an investment of USD 2.4 billion.

In January 2022 the Serbian government cancelled Rio Tinto's licences for the mining, citing environmental and social concerns. In May 2022 the company announced it still wanted to explore options to continue the Jadar mine project. Following this, in July 2024 the country's Constitutional Court revoked the government's cancellation, putting the project back on the table, leading to renewed mass protests.

Impacts

Impact on human rights and communities

 

Impacts on agriculture: The Jadar region, the planned location for Rio Tinto’s lithium mine, is one of Serbia's most fertile agricultural areas. . It supports a range of farming activities , from wheat and corn production, to raspberries and plums, honey and dairy farming. To illustrate the scale and sustainability of local food production, Zlatko Kokanovic, vice president of the local landowners association Ne Damo Jadar, alone produces 100,000 litres of milk per year, as well as processing over 40 hectares of crops. The region also generates EUR 85 million in agricultural income. There is a school, post office, church and shops. The valley borders mountains, is surrounded by two rivers, Jadar and Korenita (under which the mine is planned to be built) and is home to thousands of sustainable, multi-generational farms. 

The Special Purpose Spatial Plan for the Jadar Project  encompasses 2,031 hectares for both the mining and processing facilities, landfill and surrounding infrastructure. It includes 22 villages as well as forests and farmland. To begin construction, the company must acquire 650 hectares of land from 335 private landowners.  However, independent cadastral analysis shows that although Rio Tinto claims to own between 40% to 80% of the necessary land, it has only secured approximately 21% of the area required for the first phase of the development. 

The destruction of productive farmland would greatly affect the livelihoods of thousands of residents. With the loss of arable land and contamination risks from mining waste containing borates and arsenic, food security in the region is under serious threat. Primarily drilling activities have already contaminated soil and water sources, with samples showing boron levels exceeding national limits by several times. Crops near contaminated wells have shown visible signs of stunting, raising alarm about the long-term viability of agriculture if full-scale mining proceeds. 

Impacts on communities: In areas where homes have been purchased by Rio Tinto, properties have been demolished or left derelict, leaving surrounding farms bordered by rows of shattered windows, collapsed roofs and exposed walls left to the elements.    In addition to this unsettling contrast, armed security patrols the sites, creating an atmosphere of surveillance and intimidation, particularly acute in a country still healing from the legacy of recent war trauma.  The psychological and social toll on remaining residents is severe. 

Local property owners report being pressured to sell their land, often under the threat of expropriation.  Although  Rio Tinto denies ever threatening forced acquisition, internal documents and statements by Serbian officials contradict this claim. 

Ne Damo Jadar, a local landowners’ association of over 335 members, has shown considerable opposition to the mine.

Impacts on architectural sites: The Jadar Valley has deep cultural and historical value. It is home to protected immovable monuments and prehistoric archaeological sites, including the 3,500-year-old Paulje burial site, located near the proposed tailings zone. Rio Tinto’s spatial plan includes some of these heritage sites, including immovable cultural property that must  remain in situ,  but omits others of major significance, raising concerns about irreversible damage to cultural heritage. To date, no proper inventory or protection measures have been taken by Rio Tinto or Serbian authorities. This lack of action violates the rights of local communities to preserve their cultural identity. 

Repression of project opponents: Since the project’s revival in min-2024, a coordinated campaign of repression has targeted those opposing the mine’s development. Activists, community leaders, and civil society members have faced intimidation, criminal charges, harassment and threats by state and non-state actors. For instance, Zlatko Kokanović, a leader of Ne Damo Jadar, was interrogated for hours by the Serbian Security Intelligence Agency following protests in July 2024. Similarly, in August 2024, three environmental defenders were arrested during a peaceful protest in Belgrade and later imprisoned on charges of disrupting public order. Despite this escalating climate of fear, public opposition remains widespread. In 2024, hundreds of thousands of protestors across 50 cities mobilised to demand the project’s immediate cessation. This mobilisation is a powerful reminder of recent polling indicating that nearly 60% of Serbians oppose the mine.


Impact on climate


The proposed Jadar lithium mine is framed by its proponents, including Rio Tinto and European Union officials, as a strategic part of Europe’s so-called green transition under the Critical Raw Minerals Act and the European Green New Deal.  Lithium demand in the EU is projected to surge by up to 60 times by 2050. This is primarily driven by the expansion of electric vehicle production. In this context, the Jadar project is seen as central to the EU’s effort to localise critical raw mineral sourcing, which has been institutionalised by the 2024 EU-Serbian Memorandum of Understanding (MoU) on sustainable raw materials, battery value chains and electric vehicles. Similarly, Rio Tinto contends that the Jadar mine would position “Serbia as the European hub for green energy”. This green framing quickly becomes undone when viewed  through the lens of Serbia’s long-standing candidacy for EU membership, as many would point out that the extractive plans for Jadar region advanced despite widespread opposition on grounds of adverse human and environmental impacts. In fact, the Jadar project would significantly contribute to greenhouse gas emissions through energy-intensive drilling, ore processing, and transportation, much of it powered by Serbia’s coal-heavy electricity grid, which already causes serious pollution. According to scientific research published in 2024 by Đorđević et al, the Jadar project is estimated to emit between “428,000 to 522, 000 metric tonnes of CO2eq/kt per year”. These figures undermine Rio Tinto’s claims, which place annual emissions at approximately 249,000 metric tons of CO2, or 0.4% of Serbia’s total emissions, based on a national baseline of around 60 million metric tons per year.  The climate impact of the Jadar mine exposes the transactional nature steering the project. 


Impact on nature and environment

Pollution risks: The project involves underground mining beneath the Korenita and Jadar rivers, both tributaries of the Drina River, which flows into Bosnia and Herzegovina. An ore-processing facility would use 1,000 tons of concentrated sulfuric acid per day, diluted with 5,000-6,000 tons of water drawn from the Drina river. Even after treatment, through reverse osmosis, this water would be returned to the Jadar River, carrying residual pollutants including sulphate compounds.  The proximity to flood-prone rivers increases the likelihood that contaminants will enter waterways, especially as the Jadar River has flooded as recently as March 2025, causing widespread damage. Rising temperatures pose further risks of floods and droughts.    

Dry stacked tailings, or landfilled mine waste, are to be stored in two landfills near the Jadar and Korenita rivers. One site alone would hold 1.3 million tons of tailings annually, amounting to 90 million tons over the mine’s lifespan  (90 million tons during mine life span). These sites are located on fertile farmland and forested areas, including zones with five Bronze Age necropolises.   

The Serbian Academy of Arts and Sciences has repeatedly warned about the risks of irreversible pollution. In a letter to the Prime Minister, it stated that:  “[I]t is highly unlikely that the Investor will prevent the release of toxic and dangerous compounds into the Macva’s underground water horizon, which is estimated to be the largest drinking water-supply source in the whole of Serbia. [...] [M]ining waste heaps will stay there for centuries, slowly releasing – if not decisively contained – toxic compounds and, thus, making the water of the whole region, toxic!”. 

These concerns have only intensified since the mine's revival. A paper from the University of Belgrade Faculty of Forestry warned that placing tailings dumps near the Jadar and Korenita rivers creates a constant threat of catastrophic failure during torrential floods, resulting in downstream contamination that will affect Drina, Sava and ultimately Danube rivers which are vital ecosystems and water sources for multiple countries.

The Faculty of Biology at the University of Belgrade issued a strong warning in September 2024 that the biodiversity of impacts of the Jadar project are “extremely significant” and “crucially influence degradation”. It concluded that, even under the best-case scenario, irreversible damage to species populations and ecosystems is likely, while mitigation measures proposed by Rio Tinto were deemed insufficient and poorly defined. 

Despite these findings, Rio Tinto has not adequately addressed biodiversity loss in its Environmental Impact Assessments (EIA) submissions. The company divided the project into sub-zones, a practice known as “salami slicing”, to bypass comprehensive assessment requirements under Serbian and EU law. This includes the omission of ore processing, chemical treatment and waste disposal evaluations, despite their cumulative environmental impact. Contrary to the conclusions of the Draft EIAs, which misrepresented independent scientific findings by the Faculty, they clarified that the “optimal and basic measure to prevent a negative impact on the state of biodiversity” is for Rio Tinto to “abandon the planned exploitation and processing of jadarite minerals”. 

Key protected areas and species are also missing from official environmental assessments. Notably absent is the Cer Valley, a 19,000 hectare area designated under the International BirdLife program and home to 130 bird species, including endangered ones. Also unmentioned are protected fish species such as the huchen (Danube salmon), found in high concentrations in the Drina River. 

 


Other impacts

The Jadar Project, promoted by Rio Tinto and supported by the Serbian government, promises major economic benefits but delivers minimal returns to Serbia while exposing the country to enormous financial  risks. Serbia would receive a paltry €17.4 million annually—just €2.60 per citizen—while funding hundreds of millions of euros in infrastructure solely for Rio Tinto’s benefit, without gaining any ownership or control over the extracted lithium. Meanwhile, Rio Tinto expects to rake in €11.5 billion in net profits over 40 years. The project’s revenue assumptions rely on overly optimistic lithium prices, ignoring market volatility and the shift toward cheaper, less toxic battery technologies like sodium-ion. Serbia also plans to throw €419 million in subsidies at an unproven Slovak battery startup linked to Rio Tinto, with no guarantees of return. In contrast to other countries where Rio Tinto shares ownership or infrastructure costs, Serbia would carry the entire burden—and the liability for potential ecological disasters—alone. Bottom line: the Jadar Project is a high-risk, low-reward deal for Serbia that should be scrapped before it digs a deeper hole.

Financiers

The financial data listed here refers to total finance for Rio Tinto. The data on bond owners/manager and equity refer to the top 20 investors in each.

In July 2021 Rio Tinto stated it 'committed USD 2.4 billion' to the Jadar lithium mine project. It is expected to finance the project from its own capital, meaning banks and investors exposed to Rio Tinto would be supporting its construction.

Commercial banks finance Rio Tinto (via its subsidiary Rio Tinto Finance) through debt via loans, bonds issuance and commercial paper (see the finance section of Rio Tinto's profile for more details).

Institution type
Finance type
Year
Companies

Project sponsor

Rio Tinto

Australia
Profile
Website
No companies
Governance
Norms & standards

Applicable norms and standards

2006 European directive on the management of waste from extractive industries
Alliance for responsible mining
Extractive Industries Transparency Initiative
International Council on Mining and Minerals (ICMM)- 10 Principles
OECD Guidelines for Multinational Enterprises
UN Guiding Principles on Business and Human Rights
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

Ahead of Rio Tinto AGM, new report highlights growing concerns to Serbian lithium mining plan

2025-04-03 | BankTrack, Mars sa Drine Collective
BankTrack news BankTrack blog Partner news Partner blog

Battle for Jadar: tens of thousands rally against Rio Tinto’s mining project in Serbia

2024-08-12 | Peoples Dispatch
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto filed nine lawsuits against Serbia

2023-11-15 | Balkan Green Energy News
Blog
BankTrack news BankTrack blog Partner news Partner blog

In the mire: New risk briefing on Rio Tinto’s planned lithium mine in Serbia

2023-04-18 | Mars sa Drine Collective
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto keen for talks to revive Serbian lithium project

2022-05-05 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Serbia pulls plug on planned Rio Tinto lithium mine

2022-01-23 | The Financial Times
BankTrack news BankTrack blog Partner news Partner blog

Thousands protest against Rio Tinto’s lithium project in Serbia

2021-12-06 | Mining.com
BankTrack news BankTrack blog Partner news Partner blog

Serbia: Protesters block roads over new mining laws

2021-11-27 | Deutsche Welle
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto’s past casts a shadow over Serbia’s hopes of a lithium revolution

2021-11-19 | The Guardian
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto debt overview

2021-09-24 | Rio Tinto
BankTrack news BankTrack blog Partner news Partner blog

We need lithium for clean energy, but Rio Tinto’s planned Serbian mine reminds us it shouldn’t come at any cost

2021-09-22 | The Conversation
BankTrack news BankTrack blog Partner news Partner blog

Thousands demand revoking Serbia’s commitments to Rio Tinto

2021-09-12 | Balkan Green Energy News
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto-led plan for major lithium mine stirs protests in Serbia

2021-08-26 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto’s gung-ho mining exploration on the border of the European Union should worry us all

2021-04-12 | Eureporter
BankTrack news BankTrack blog Partner news Partner blog

Serbian prime minister: Rio Tinto’s jadarite mine investment is going as planned

2020-12-23 | Balkan Green Energy News
BankTrack news BankTrack blog Partner news Partner blog

Life As Collateral Damage

2020-12-20 | Jovana Đajić and Nataša Prljević (Crvena)
Resources
Documents
Images
Videos
Links
2025-05-29 00:00:00

Rio Tinto’s proposed Jadar Project in Serbia

NGO document
2025-05-29 00:00:00 | Marš sa Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Westpac on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to UniCredit on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to UBS on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Toronto-Dominion Bank on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Standard Chartered on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Société Générale on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to SMBC on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Scotiabank on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Santander on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Royal Bank of Canada on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Nordea on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to National Australia Bank on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Mitsubishi UFJ Financial Group on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Morgan Stanley on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Mizuho Financial on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to JPMorgan Chase on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Intesa Sanpaolo on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to ING on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Industrial and Commercial Bank of China on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to HSBC on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to BPCE on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Goldman Sachs on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to FMO on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to DZ Bank on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Deutsche Bank on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to DBS on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Crédit Agricole on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Commerzbank on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Citigroup on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Canadian Imperial Bank of Commerce on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to China Construction Bank on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Commonwealth Bank of Australia on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Bank of America on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to BNP Paribas on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to BMO on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to Bank of China on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-05-08 00:00:00

Letter from BankTrack and Mars se Drine to ANZ on Jadar project

Correspondence
2025-05-08 00:00:00 | BankTrack and Mars se Drine
2025-04-02 00:00:00

Mining for Trouble: A Wake-Up Call for Banks and Investors

Rio Tinto’s planned Jadar Mine Project in Serbia
Partner publication
2025-04-02 00:00:00 | Mars sa Drine
2023-04-18 00:00:00

In the Mire: Risks to Banks and Investors from Rio Tinto’s planned Jadar Mine Project in Serbia

NGO document
2023-04-18 00:00:00 | Marš sa Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Westpac on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to UniCredit on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to UBS on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Toronto-Dominion Bank on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Sumitomo Mitsui Financial Group on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Standard Chartered on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Societe Generale on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to SEB on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Scotiabank on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Santander on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Royal bank of Canada on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Nordea on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to National Australia Bank on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Morgan Stanley on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Mizuho financial Group on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Mitsubishi UFJ on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Intesa Sanpaolo on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to ICBC on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to HSBC on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Groupe BPCE on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Export Development Canada on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to DZ Bank on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Deutsche Bank on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to DBS on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Credit Agricole on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Credit Suisse on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Commonwealth Bank on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Commerzbank on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to CITI on Rio Tinto Jadar Lithium mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to CIBC on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to BNP Paribas on Rio Tinto Jadar Lithium mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to BlackRock on Rio Tinto Jadar Lithium mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-14 00:00:00

Letter from BankTrack and Mars se Drine to Bank of Montreal on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-14 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Bank of China on Rio Tinto Jadar Lithium mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to Bank of America on Rio Tinto Jadar Lithium Mine

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-07-13 00:00:00

Letter from BankTrack and Mars se Drine to ANZ on RIO TINTOʼS JADAR LITHIUM MINE, SERBIA

Correspondence
2022-07-13 00:00:00 | BankTrack and Mars se Drine
2022-01-14 00:00:00

Letter from Societe Generale to BankTrack and Mars se Drine on lithium mining in Serbia’s Jadar Valley

Correspondence
2022-01-14 00:00:00 | Societe Generale
2022-01-14 00:00:00

Letter from ANZ to BankTrack and Mars se Drine on lithium mining in Serbia’s Jadar Valley

Correspondence
2022-01-14 00:00:00 | ANZ
2021-12-13 00:00:00

Letter from BankTrack and Mars se Drine to NAB on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-13 00:00:00 | BankTrack and Mars se Drine
2021-12-12 00:00:00

Letter from BankTrack and Mars se Drine to ICBC on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack and Mars se Drine
2022-01-20 00:00:00

Serbian Government decree terminating the Jadar Working Group

Other document
2022-01-20 00:00:00 | Serbia
2022-01-20 00:00:00

Serbian Government Decree annulling the Spatial Plan for the Jadar mine

Other document
2022-01-20 00:00:00 | Serbia
2022-02-08 00:00:00

Letter from NAB to BankTrack and Mars se Drine on Jadar mine

Correspondence
2022-02-08 00:00:00 | NAB
2021-12-12 00:00:00

Letter from BankTrack to Intesa Sanpaolo Bank on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-16 00:00:00

Letter from BankTrack to SEB on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-16 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Commerzbank on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to DZ Bank on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to UBS Bank on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Export Development Canada on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Commonwealth Bank of Australia on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Bank of China on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Bank of Montreal on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Standard Chartered on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Morgan Stanley on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to DBS on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Groupe BPCE on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Westpac on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Toronto-Dominion Bank on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Credit Suisse on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Mitsubishi UFJ on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Banque canadienne impériale de commerce on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Scotiabank on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to ANZ on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Deutsche Bank on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Crédit Agricole on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Citi Group on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Sumitomo Mitsui Financial Group on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Mizuho Financial Group on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to JPMorgan Chase on lithium mining in Serbia’s Jadar Valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Bank of America on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Royal Bank of Canada on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-12-12 00:00:00

Letter from BankTrack to Société Générale on lithium mining in Serbia’s jadar valley

Correspondence
2021-12-12 00:00:00 | BankTrack
2021-09-01 00:00:00

Spatial Degradation within the Jadar Project

Other document
2021-09-01 00:00:00 | The University of Belgrade Faculty of Forestry

Campaign protest against Rio Tinto's proposed Jadar mine in Serbia

2021-10-18
Campaign protest against Rio Tinto's proposed Jadar mine in Serbia, April 2011

Rio Tinto in Serbia: explained

2021-10-18 14:07:24

What's going on in the Jadar Valley in Serbia?

2021-10-18 14:06:39

Mars sa Drine

Campaign website

We Move

Kreni Promeni – Serbia

Updates

2024

2024-08-14 00:00:00 | Jadar project once again on the table, in face of renewed mass protest

In July 2024, Serbia's Constitutional Court revoked the government's previous cancellation of the Jadar mining project, leading to renewed mass protests as the government prepared to give the green light to the project. "If we deliver on everything, [the mine] might be open in 2028," President Aleksandar Vučić told the FT.

2022

2022-01-23 00:00:00 | Serbian government revokes Rio Tinto's mining licenses, but the company wants to continue the Jadar mine project

On Thursday 20th January, the Serbian government announced that it had revoked Rio Tinto's licences to explore for and mine lithium in the country. The decision followed protests that drew thousands over several months. The Prime Minister, Ana Brnabic, was quoted in the Financial Times saying, “As far as project Jadar is concerned, this is an end. Rio Tinto gave insufficient information both to the local community and the government [about the impact of the project].” Campaigners noted that Rio Tinto has announced it has not given up on Jadar and will continue to “explore all options now that elections are out of the way". Civil organizations are concerned about serious legal breaches and it remains to be seen whether the decision to revoke Rio Tinto's permits will be permanent, or prove to have been a political game.

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