Jakob Stausholm, Executive Director of Rio Tinto, has welcomed the Serbian Government’s decision to re-apply the Spatial Plan of the Special Purpose Area for the “Jadar” project. He assured that the company is committed to ensuring that life in the Jadar Valley can continue alongside underground mining and ore processing. In an interview with Politika, Stausholm discussed the steps required before lithium exploitation could begin and emphasized that the company must meet stringent environmental standards.
Stausholm outlined that the project involves a series of legal and procedural steps, including developing the environmental impact assessment study, conducting public consultations, completing the economic evaluation, and obtaining necessary permits. These steps are crucial to align with both Serbian and EU environmental regulations.
While Stausholm acknowledged that the “Jadar” project has the potential to boost the country’s economic development, he noted that it is premature to discuss the immediate start of lithium mining. He emphasized the need to prove that the project can be developed while adhering to the highest environmental protection standards.
Addressing concerns about public opposition and potential issues such as relocating homes, Stausholm stated that the decision to re-apply the spatial plan allows for continued discussions with all stakeholders. He stressed the importance of providing accurate information about the project’s impacts and benefits.
Stausholm refuted claims that lithium mining would permanently damage agricultural land or pollute the air with toxic substances. He asserted that with modern technology, mining processes can be conducted with minimal environmental impact. He also noted that the waste generated from the project would be managed according to global best practices, with no liquid waste produced.
The project, Stausholm said, will not affect agricultural areas above the ore body or existing and planned sources of drinking water. The waste produced will be solid and disposed of in a regulated landfill, with environmental monitoring continuing for decades after the mine’s closure.
Stausholm highlighted that the “Jadar” project is one of the most thoroughly researched lithium projects in Europe. An independent economic study indicates that it could contribute 1.9 billion euros to the economy, representing more than three percent of Serbia’s GDP in 2021.
Rio Tinto is committed to responsible management of risks associated with the project to ensure the protection of both people and nature.
