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Jadar Project July 2020

Fact Sheet riotinto.com/Jadar

Jadar Project
Fact Sheet

We continue to develop confidence in the Project as it progresses through various


development phases. This document provides information about the Project and
the latest Project updates.

The Jadar Project is a world-class lithium borate Rio Tinto has invested and committed more than
deposit discovered by Rio Tinto in 2004. It is a US$450 million on the Project to date. Significant efforts
unique deposit near the town of Loznica, Serbia, are being invested in technical and economic analysis in
containing jadarite - a new lithium sodium borosilicate order to develop and validate our understanding of the
mineral. Jadar is the only place in the world where this project before a final investment decision is made to move
mineral can be found. Incidentally, jadarite has a similar the project into the construction phase.
chemical composition to the fictional kryptonite of
Superman fame. Jadar has been ranked as one of the most
significant lithium deposits in the world and if developed,
has the potential to supply a substantial amount of the Lithium and borates are
global demand for lithium and boric acid. essential for our daily lives and
Jadar is a combined mine and mineral processing a low-carbon future.
greenfield project. When developed, Jadar will be a
modern underground mine with efficient processing Lithium is used in a vast array of
plant and sustainable waste facilities. Jadarite will be
mined using modern underground mining methods products, most notably, batteries
and best available techniques to secure the safety and for hybrid and electric cars.
sustainability of our mining and processing operations.

Rio Tinto has developed a new, innovative Borates are building blocks for
technology for the production of lithium carbonate fiberglass, glass, ceramics,
and boric acid from the mined ore. A global team of
Rio Tinto experts have developed a small-scale test fertilizers, detergents, wood
plant at Rio Tinto’s research centre in Bundoora, preservatives and numerous other
Melbourne, Australia to test the new technology. So far,
some 2,000 tests have been run to secure the most
products – many of which we use
optimal mineral process for extraction of industrial every day.
chemicals from the Jadarite ore.
Jadar Project July 2020
Fact Sheet riotinto.com/Jadar

Technical Background
Declared Jadar Mineral Resources equal to 136
million tonnes. Rigorous ore body knowledge studies
and analysis completed over the years increased
confidence in the size and composition of the Jadar ore
body. In March 2017, Rio Tinto upgraded the Jadar
Mineral Resources in accordance with international
standards - JORC - to 136 million tonnes. For the first
time, part of the resource has been classified as
Indicated. The resource also contains Inferred
resources. Total equivalent borate product resources
are 21Mt B2O3 and equivalent lithium product resources
are 2.5Mt Li2O, confirming that Jadar is a significant
source of borates and lithium.
Photo: Jadar Project site, for illustration purposes
During the Feasibility study phase, Serbian and
international experts in different disciplines (from
mining to processing to communities) will continue
to progress detailed engineering and design of the
Sustainability
underground mine, processing facility and supporting
infrastructure alongside critical permitting. Assessing Rio Tinto’s sustainable development approach
the viability of the Project requires also completing generates value for all stakeholders. Rio Tinto’s
technical, environmental and socio-economic strategy to invest in long-life, low-cost, expandable
studies. With an eye on the future operation, detailed operations means that we operate on extended
operational design, supply chain and supplier time horizons. These long-term commitments
engagement and management system design are provide opportunities to plan, implement and
also undertaken. deliver sustainable contributions to social wellbeing,
environmental stewardship and economic prosperity
Global collaboration is the key to Jadar’s success. everywhere we operate.
Strong teamwork is essential to a project of this
magnitude. Global experts from the fields of geology, We are committed to building long-term
exploration, mining, process design, project management, partnerships. The Jadar Project is committed to
marketing, communities, and other areas are collaborating forming respectful, lasting, and mutually beneficial
to bring the project to life. This collaboration is a relationships with landowners and the local community,
testament of the depth of knowledge that exists in Rio the Serbian government, and other stakeholders - now
Tinto to undertake greenfield projects like Jadar. and through the life of the operation.

Photo: Community engagement in the Rio Tinto Information Centre in Loznica

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