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.
Russian potash producer Uralkali will invest $5.4 billion to expand its capacity about 50% by 2020, according to Fox News.
The company aims to boost output to 19 million tonnes per year.
For this year, it forecasts a production capacity of up to 13 million tonnes.
Uralkali produces about 20% of the worldwide potash supply.
Image courtesy Uralkali
