Montenegro: BSD Mont plans...

Montenegrin company BSD Mont has announced plans to build an 84 MW hybrid...

North Macedonia: Energy consumption...

In October 2024, North Macedonia's total electricity consumption reached 450,997 MWh, with natural...

Greece: ADMIE completes Athens-Crete...

Greek electricity transmission system operator ADMIE has completed the development of the Athens-Crete...

Bosnia and Herzegovina: Severe...

According to Bosnia's state-owned power utility, ERS, several power outages have affected over...
Supported byClarion Energy banner
HomeNews Serbia EnergySerbia, Environmentalists welcomed...

Serbia, Environmentalists welcomed the government’s decision and celebrated the victory

Last month, the Serbian government cancelled administrative acts related to negotiations with multinational Rio Tinto and also abolished the spatial plan for its lithium mine. The environmentalists welcomed the government’s decision and celebrated the victory since they have been fighting against the controversial mining project for a long time, leading protests all across the country for several months. The massive demonstrations culminated in road blockages at the end of last year, which seemed a never-ending story and eventually forced the government to step back.

Soon, things turned out not to be so optimistic. The media revealed that the expropriation of the land used for lithium exploration had continued even after the government cancelled the project. Activists became suspicious, feeling they had been deceived to be temporarily silenced. However, 3 April, the general election date, was fast approaching; so they organised themselves again and gathered before the presidential building in Belgrade, where they had been sleeping in tents for the previous week. Their request was to adopt a new law which would ban the exploration and exploitation of lithium and boron in Serbia. Nevertheless, they had run out of time seeing as the National Assembly had disbanded on 15 February.

Bosnian-based mining engineer Darko K. has worked for another multinational for years and explains that the Balkans are rich in mineral resources, inciting the arrival of many foreign investors, now and in the future. The states are too poor and ill-equipped to run the operations themselves, so their only role is to ensure that the investors fulfil the environmental standards.

“And – even more important – to make all the steps transparent. It is not reasonable to be against the investments in advance. The state is obliged to protect all the aspects of its citizens’ lives, and investors are obliged to behave accordingly. If anything is hidden, suspicion rises and so does the fear of the locals,” Darko told FairPlanet.

He said the solution is simple and currently exemplified in Bosnia, where a foreign investor is interested in lead, zinc and barite exploitation in an abandoned mine of a small town.

“They didn’t take a single step before ensuring the locals were familiar with [their operation]. And they continue, step by step, to do nothing before the community has all the information. So far, there has been no resistance,” Darko added.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia: EPS launches tender to assess biomass potential for power plant operations

Serbia's state-owned power utility, EPS, has launched a tender to assess the availability of biomass for use in its thermal power plants, specifically TPP Kolubara A and TPP Morava. The project aims to develop a study evaluating the potential...

Serbia: NIS raises €16 million through first corporate bond issuance

Serbian oil company NIS has successfully raised €16 million through its first corporate bond issuance on the domestic market, surpassing 30% of the planned amount. A total of 187,161 bonds, each with a nominal value of €85.5, were issued,...

Serbia faces potential €1.5 billion cost for majority stake purchase in NIS to avoid sanctions

According to Nenad Gujanicic, head broker at Momentum, acquiring a majority stake in the Serbian oil company NIS from Russian entities could cost Serbia up to €1.5 billion. This move is seen as a potential strategy to help Serbia...
Supported bySEE Mining News
error: Content is protected !!