Rio Tinto hails another step closer to develop Serbian lithium mine
If developed, the $2.4 billion Jadar lithium project in Western Serbia could cover 90% of Europe's current lithium needs.
Bloomberg reported that Billionaire Mr Ziyavudin Magomedov Summa Group won the right to build a RUB 44.3 billion section of a railroad to coal fields in East Siberia near deposits to be developed by Evraz Plc and OAO Severstal. OOO Stroynovatsiya, part of…