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Rio Tinto shares tumble after Serbian revokes lithium exploration licence

Rio Tinto shares tumble after Serbian revokes lithium exploration licence

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Rio Tinto PLC (LSE:RIO) shares fell after its lithium exploration licence in Serbia was revoked on environmental grounds. Serbian prime minister Ana Brnabić announced that the government has abandoned plans for the Jadar lithium mine, following weeks of protests over the potential environmental harm of the project.

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