A growing controversy surrounding the participation of Chinese and Russian-linked companies in drafting Serbia’s long-term mining strategy is exposing deeper tensions over sovereignty, foreign investment influence and the future direction of Serbia’s extractive industries. The debate erupted after revelations that representatives of Chinese mining giant Zijin and Serbia’s oil company NIS participated in the working group responsible for preparing Serbia’s Strategy for the Management of Mineral and Other Geological Resources through 2040, with projections extending to 2050.
The strategy will effectively shape the regulatory foundation for Serbia’s mining sector for decades, influencing exploration policy, permitting frameworks, environmental standards, extraction priorities and future strategic partnerships. That elevated the sensitivity around who participated in the drafting process, particularly given Serbia’s increasingly important role in Europe’s critical minerals and energy-transition supply chains.
The inclusion of Zijin drew especially strong criticism from environmental organizations and sections of Serbia’s expert community because the Chinese group already controls some of the country’s largest copper and gold operations in Bor and Majdanpek. Critics argue that allowing major foreign operators to participate directly in shaping regulatory frameworks creates a conflict between public-interest governance and corporate extraction priorities.
The Ministry of Mining rejected those accusations, stating that the participation of industry representatives was part of a broader consultative process and represented “standard practice” intended to provide operational and technical input. Zijin itself told Radio Free Europe that its role was limited to contributing practical experience from mining and metallurgical operations.
Nevertheless, the issue touches a far broader geopolitical and economic reality now reshaping Serbia’s mining sector.
Over the past decade, Serbia has emerged as one of Europe’s most strategically important non-EU mining jurisdictions. Chinese capital, in particular, has become deeply embedded within the country’s mining and industrial infrastructure. Zijin acquired control over the former RTB Bor copper complex after years of unsuccessful privatization attempts, while Chinese industrial financing has simultaneously expanded into transport infrastructure, manufacturing and energy projects.
At the same time, Serbia’s relationship with Russian-linked energy and industrial interests remains structurally important through companies such as NIS, historically controlled by Gazprom Neft and Gazprom. The overlap between Chinese industrial expansion and Russian-linked strategic assets has increasingly positioned Serbia as a hybrid geopolitical space balancing EU integration, Chinese industrial investment and legacy Russian energy influence.
The mining sector sits directly at the center of that balancing act.
Europe’s accelerating demand for lithium, copper, antimony, rare earths and battery-related minerals has transformed Serbia from a peripheral mining jurisdiction into a strategically contested resource territory. Projects involving lithium in Jadar, copper in Bor, gold in Rogozna and polymetallic systems across western Serbia are increasingly viewed through the lens of European industrial security rather than purely domestic economic development.
That geopolitical shift explains why mining regulation itself has become politically sensitive.
Critics of the working-group structure argue that Serbia risks allowing major foreign resource operators disproportionate influence over environmental standards, permitting frameworks and long-term extraction policy at precisely the moment when Europe is seeking more secure and transparent raw-material governance systems. Environmental concerns surrounding mining projects have already triggered repeated protests across Serbia, particularly regarding pollution, land expropriation and water protection issues linked to large-scale mining operations.
Zijin’s operations in eastern Serbia remain especially controversial. International analyses and civil society organizations have repeatedly raised concerns regarding sulfur dioxide emissions, river pollution and environmental compliance enforcement at Serbian mining sites operated by the company.
At the same time, Serbia’s government faces a difficult strategic calculation. Large-scale mining projects require billions of euros in capital expenditure, advanced extraction technologies, infrastructure financing and long investment horizons. Chinese companies have often demonstrated greater willingness than many Western investors to finance high-risk mining and industrial assets in politically complex jurisdictions.
That financial reality partially explains Belgrade’s pragmatic openness toward Chinese participation in the sector.
Yet Serbia’s EU accession ambitions increasingly complicate that approach. Brussels is placing growing emphasis on environmental governance, ESG standards, transparency of strategic resource development and alignment with EU critical raw materials policies. Serbia’s mining governance framework will therefore face rising external scrutiny not only from environmental activists, but also from European industrial and regulatory institutions.
The timing is especially important because Serbia is simultaneously positioning itself as a future supplier of critical minerals for European battery manufacturing, electric vehicle supply chains and industrial decarbonization programs. The credibility of mining governance may therefore become almost as important as the mineral deposits themselves.
The controversy surrounding the strategy drafting process ultimately reveals a broader transformation underway inside Serbia’s economy. Mining is no longer treated simply as a domestic industrial activity. It is increasingly becoming part of a larger geopolitical contest involving energy transition supply chains, European industrial security, Chinese strategic investment and the future ownership structure of critical mineral resources across Southeast Europe.





