energy

Đedović Handanović in Dubai: Jadar Holds Largest Certified European Lithium Reserves, Aiming for Value Chain Development, Not Just Exploitation

Minister of Mining and Energy Dubravka Đedović Handanović stated at a panel on energy, held as part of the World Government Summit in Dubai, that diversification of energy supply and development of critical raw material supply chains are crucial for economic growth and energy security, the MRE announced.

Đedović Handanović in Dubai: Jadar Holds Largest Certified European Lithium Reserves, Aiming for Value Chain Development, Not Just Exploitation

TL;DR

  • Diversification of energy supply and development of critical raw material supply chains are crucial for economic growth and energy security.
  • The war in Ukraine highlighted the vulnerability of energy systems and led to significant price increases, impacting European economic growth.
  • Serbia is pursuing energy transition with investments in wind and solar power, aligning with EU regulations.
  • Serbia possesses the largest certified European reserves of lithium in Jadar, with a goal to develop the entire value chain, not just extraction.
  • Effective management, political will, and vision are key to leveraging natural resources for national benefit.
  • Serbia is investing in new technologies, including artificial intelligence and a nuclear program, to ensure future energy supply and economic growth.
  • The country is developing its AI strategy, has a modern data center, and is preparing for new supercomputers and IT technology advancements, all requiring increased electricity production.