https://newsletter.en.creamermedia.com
Cutting|PROJECT|Maintenance
Cutting|PROJECT|Maintenance
cutting|project|maintenance

Rio Tinto mothballs flagship Jadar lithium project

13th November 2025

By: Bloomberg

  

Font size: - +

Rio Tinto Group has mothballed the controversial $2.95-billion Jadar lithium project in Serbia, according to an internal note.

The memo, sent this week and seen by Bloomberg, said that the project would be placed into “care and maintenance". A spokesperson for the world’s second-largest miner confirmed the note’s contents, while declining to comment further.

Jadar — which had yet to reach production — has been dogged by problems in recent years. While the site boasted high grades and an enormous resource of the key battery metal lithium as well as boron, the project was widely opposed by local communities and became the center of political protests. Rio’s move comes as recently appointed CEO Simon Trott focuses on simplifying the sprawling company and cutting down on spending.

“Given the lack of progress in permitting, we are not in a position to sustain the same level of spend and resource allocation,” the note said.

Edited by Bloomberg

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Showroom

Stewarts & Lloyds
Stewarts & Lloyds

Stewarts & Lloyds is a leading steel, tube, and engineering product supplier in South Africa.

VISIT SHOWROOM 
Flanders Electrical SA
Flanders Electrical SA

FLANDERS Southern Africa provides integrated solutions for mining and industrial operations, covering field services, automation, electrification,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

An image showing the Africa Trade Engine launch
Pioneering Africa Trade Engine launched to actualise AfCFTA
14th November 2025 By: Tasneem Bulbulia
Magazine round up | 14 November 2025
Magazine round up | 14 November 2025
14th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.189 0.277s - 186pq - 2rq
Subscribe Now