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Bullboard - Stock Discussion Forum Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

Boron One Holdings Inc. is a Canada-based international mineral exploration and development company with its assets in Serbia. The Company is engaged in the acquisition, exploration, and development of its resource properties. Its project includes Piskanja. Piskanja is located in a historical mining region with infrastructure for mining, including roads, rail, electric power, experienced miners... see more

TSXV:BONE - Post Discussion

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Post by HarryCrumb on Aug 06, 2024 10:27am

Hmmmmm!

Although the Serbian government’s U-turn has been presented as a green light for the mining project to go ahead, Rio Tinto is back to the position it was in just before the government halted the project in January 2022, while also having to recalculate capital expenditure and reset deadlines as it gets things moving again, meaning it could be years before the first lithium is extracted.

“While the Jadar Project spatial plan has been reinstated, the project is required to progress through an extended phase of legal, environmental impact assessment and permitting procedures, as well as public consultations and business evaluations, before the project can proceed,” Rio Tinto said.

Comment by minepic on Aug 07, 2024 11:45am
While I am far from a mining expert, my understanding is that Lithium mining required the use of leaching that ends with the utilization of toxic leaching pits. Boron mining does not require ANY leaching.  The protesters are packaging lithium and boron together as that is what Rio is presenting.  Remember, the mayor, union, miners, government and ambassador have all met and want this ...more  
Comment by Myrty1 on Aug 07, 2024 5:15pm
At this point the protesters might as well save their breathe.  Rio's coming to town and they will control that little hunk of the country.  The locals should probably take some kind of attractive settlement and get out of the area.  It's going to be a mess by the time Rio gets things fired up. should be good for the country's coffers and people needing jobs. It really ...more