Chief executive seeks public dialogue, suggesting protests against Loznica project have hindered any ‘reasonable debate’
, demanding authorities end the project. The backlash is causing a political headache for the ruling coalition loyal to president Aleksandar Vucic ahead of April elections. The company’s $2.4bn project is part of Serbian government efforts to bring in more investment and create economic growth.. A report from Beta News quoted Vesna Prodanovic, chief executive of Rio Sava Exploration, as saying Rio would put it on hold.
“It is extremely difficult in such an intense anti-mining and negative campaign to have a reasonable debate on any topic.”Prodanovic said Rio planned to “reconsider and possibly improve” technical solutions it wants to use for the mine. Earlier this year, Rio said any development would meet all domestic and European Union environmental standards. But opponents say it would cause irreparable damage.
Vucic has repeatedly said opening the mine would depend on the outcome of an environmental study and a referendum on it.
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