(June 30, 2023) Bolivia To Process Lithium With Russian and Chinese Companies
On Thursday, Bolivian President Luis Arce signed agreements with China's Citic Guoan and Russia's Uranium One Group
for the application of their Direct Lithium Extraction (DLE) technologies in two salt flats,
with a total investment of US$1.4 billion.
These agreements add to the one signed in January with the Chinese consortium CATL BRUNP & CMOC (CBC).
President Arce pointed out that Bolivia has signed deals for the industrialization of lithium
worth US$2.8 billion in the first half of 2023.
The agreements include the construction of two DLE processing plants in the areas of Pastos Grandes and Uyuni Norte,
both located in the Potosi region, where a minimum of 45,000 tons of lithium will be produced annually.
Through these agreements, the Arce administration aims to produce around 100,000 tons of lithium carbonate by 2025.
Bolivia possesses estimated lithium reserves of 21 million tons, distributed in Uyuni, Pastos Grandes, and Coipasa.
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