{"id":463315,"date":"2022-01-22T09:28:12","date_gmt":"2022-01-22T03:58:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463315"},"modified":"2022-01-22T10:00:43","modified_gmt":"2022-01-22T04:30:43","slug":"rio-tinto-shares-hit-as-serbia-pulls-plug-on-2-4-bn-lithium-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rio-tinto-shares-hit-as-serbia-pulls-plug-on-2-4-bn-lithium-project\/","title":{"rendered":"Rio Tinto shares hit as Serbia pulls plug on $2.4 bn lithium project"},"content":{"rendered":"<p>Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licences over environmental concerns, dealing a blow to the Anglo-Australian miner&#8217;s ambition to become Europe&#8217;s largest supplier of the metal used in electric vehicles.<\/p>\n<p>The move by Serbia comes as the country approaches a general election in April, and as relations between Belgrade and Canberra have soured after Sunday&#8217;s high-profile deportation of tennis star Novak Djokovic from Australia over the latter&#8217;s COVID-19 entry rules. <\/p>\n<p>The decision is a major setback for Rio, which was hoping the project would help make it one of the world&#8217;s 10 biggest producers of the lithium, a key ingredient in batteries and much in demand in the electric vehicle boom.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licences over environmental concerns, dealing a blow to the Anglo-Australian miner&#8217;s ambition to become Europe&#8217;s largest supplier of the metal used in electric vehicles. The move by Serbia comes as the country approaches a general election in April, and as relations between Belgrade and Canberra have soured after Sunday&#8217;s high-profile deportation of tennis star Novak Djokovic from Australia over the latter&#8217;s COVID-19 entry rules. The decision is a major setback for Rio, which was hoping the project would help make it one of the world&#8217;s 10 biggest [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-463315","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=463315"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463315\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}