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.
The Indian government set up a group of ministers to look into the proposed new draft Mines and Minerals (Development and Regulation) Bill, 2011. The cabinet considered the recommendation of the GoM and has approved the draft MMDR Bill, 2011 on 30 September 2011.
The benefit sharing model proposed in the new draft MMDR Bill, 2011, is applicable for all mining leases, including those in tribal areas.
