Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

EU urges Serbia to produce critical minerals amid looming tensions with Rio Tinto’s local lithium project

05 june 2024

The European Union and the Serbian government are nearing completion of talks to move ahead with the controversial Jadar project, which will be the largest lithium mine in Europe and would cost $4 billion to commission.

The project operated by Rio Tinto was previously stalled due to protests from eco-activists and locals. However, last September, EU and Serbia have signed a letter of intent to strengthen and expand cooperation on critical raw materials and electric vehicles value chains, signaling the continuation of the lithium mine’s implementation.

European Commissioner Maroš Šefčović, who is in charge of the green agenda, told Euronews on the sidelines of the recent summit on critical raw materials in Brussels that Serbia is “unique position” to provide raw resources mentioned in the Critical Raw Materials Act (CRMA), such as high-quality lithium, which he referred to as “one of the best in the world”.

Šefčović did not mention Rio Tinto and the Jadar project specifically, but said that the European Union is in close contact with the government of Serbia and is helping it to ensure that all environmental impact assessments are carried out according to the highest European standards.

“All I can say at this stage is that there is a positive development. There were some legal issues in the past, which are now being discussed between the company and the government,” Šefčovič told Euronews, adding that current discussions with the Serbian government are focused on extraction, processing, refining and use of lithium.

Still, the proposed controversial lithium project is sparking protests across Serbia led by both public activists and locals. The most recent protest organized by the non-governmental organization "Kreni-promeni" was held in Belgrade in April under the slogan "Serbia is not for sale".

"If we let them mine lithium, they will not respect the decisions of the Government of Serbia and environmental standards. We will not let them mine," said "Kreni-promeni" representative Savo Manojlović.

Theodor Lisovoy, Editor in Chief, Rough&Polished