EU, Serbia set to ink 'critical raw materials' deal

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. Lithium is a strategically valuable metal crucial for making electric vehicle batteries, making it key for helping Germany's flagship automotive sector shift to greener production. Serbia has vast lithium deposits near the western city of Loznica, where a disputed mining project...