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International Business Times
International Business Times
World
AFP News

EU, Serbia Set To Ink 'Critical Raw Materials' Deal

Deposits near the western city of Loznica could supply enough lithium to make batteries for 1.1 million electric cars per year (Credit: AFP)

The European Union and Serbia were set to sign a deal Friday over the supply of battery materials during a "critical raw materials summit", just days after Belgrade allowed work to resume at a disputed lithium mining project.

The memorandum of understanding will be signed during the summit attended by German Chancellor Olaf Scholz, Serbian President Aleksandar Vucic and European Commission Vice-President Maros Sefcovic in the capital Belgrade.

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