* . * . . .
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
Saturday, May 31, 2025
Love Europe
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
Love Europe
No Result
View All Result
Home Germany

Germany’s chancellor in Serbia for a lithium deal that could reduce Europe’s dependency on China

July 19, 2024
in Germany
Germany’s chancellor in Serbia for a lithium deal that could reduce Europe’s dependency on China
Share on FacebookShare on Twitter
ADVERTISEMENT

German Chancellor Olaf Scholz is in Serbia to discuss a tentative deal with the Balkan country to excavate lithium

July 19, 2024, 4:57 AM ET

• 3 min read

BELGRADE, Serbia — BELGRADE, Serbia (AP) — German Chancellor Olaf Scholz was in Serbia on Friday to discuss a tentative deal with the Balkan country to excavate lithium, a mega project that could reduce Europe’s dependency on China but one that has been fiercely criticized by environmentalists and opposition groups.

Germany, the largest carmaker in Europe, is seeking to secure lithium for its electric vehicle makers as the European Union struggles to reduce its dependence on imports from China. Lithium is a critical substance in making batteries for electric vehicles

China currently dominates the supply chain for lithium-ion batteries.

The excavation of lithium was back in the limelight after Serbia’s constitutional court earlier this month overturned a previous ruling to cancel a $2.4 billion mining project launched by British-Australian mining giant Rio Tinto in the western Serbian valley of Jadar, which is believed to be the largest lithium discovery in Europe.

The Serbian government’s decision to cancel the excavation plans came after thousands of protesters in Belgrade and elsewhere in Serbia blocked major roads and bridges in 2021 to oppose Rio Tinto’s plans because of potential hazards to the environment. The protests were the biggest challenge yet to the increasingly autocratic rule of Serbian President Aleksandar Vucic.

Scholtz met Vucic on Friday at a “critical raw materials summit” where a memorandum of understanding between the EU and Serbia’s government on a “strategic partnership” on sustainable raw materials, battery supply chains and electric vehicles will be signed, officials from both countries said.

There will also be a letter of intent signed by the Serbian government and several companies related to the lithium mining project and car battery producers. The memorandum will contain a “commitment to high environmental and sustainability standards,” German government spokesperson Steffen Hebestreit has said.

Vucic and other Serbian officials have said the lithium excavation will go ahead if Germany and other EU states build factories for their car batteries in Serbia, rather than directly exporting raw materials to those countries.

Vucic said on Friday that the lithium mining presents a huge opportunity for Serbia and its development.

“We have talked already and I can say I am satisfied,” he said. “This presents big hope for us, Serbia. We are convinced that we will not miss that chance. We are known for missing most chances. This time we must not allow that.”

Source link : https://abcnews.go.com/amp/International/wireStory/germanys-chancellor-serbia-lithium-deal-reduce-europes-dependency-112093209

Author :

Publish date : 2024-07-19 09:03:57

Copyright for syndicated content belongs to the linked Source.

Tags: EuropeGermany
ADVERTISEMENT
Previous Post

Fentanyl Is Spreading In Europe — Inside Italy’s Looming Opioid Crisis – Worldcrunch

Next Post

France races to head off ISIS-K threat to Paris Olympics – Reuters

Related Posts

Germany

Sinti and Roma kids undergo discrimination – DW – EUROP INFO

Germany

Germany Has Granted Over Half a Million Work Visas within the Final 4 Years – Schengen.Information – EUROP INFO

Germany

Vestas unveils 376 MW of onshore orders in US, Germany, Italy – Renewables Now – EUROP INFO

ADVERTISEMENT

Highlights

Matas Buzelis Shares Uncertainty About Making Lithuania Debut This Summer – EUROP INFO

Portugal vs Malta Clash in Mdina Cup 2025 – 3rd Match Highlights – EUROP INFO

EBRD Moves to Sell Moldova’s Strategic Giurgiulesti Port Amid Legal Battle – EUROP INFO

Deutsche Telekom Launches Game-Changing B2B One Portal in North Macedonia – EUROP INFO

Norway’s Parliament Votes Against Full Divestment from West Bank and Gaza Companies – EUROP INFO

Categories

Archives

July 2024
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
293031 
« Jun   Aug »
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2024 Love-Europe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version