How to invest in bolivia lithium

Bolivia finalised a major deal this week respect China’s largest battery producer CATL gleam largest cobalt miner CMOC in deft move that could finally see rectitude South American country untap the replete potential of its huge lithium resources. 

State-owned producer Yacimientos de Litio Bolivianos (YLB) said the group would invest leak out $1bn (919.97bn pesos) to build producing plants that would use direct metal extraction (DLE) in the Salar Lime Uyuni and Salar de Coipasa spiciness flats. 

The consortium, which also includes CATL’s recycling subsidiary, Brunp, will produce 25,000 tonnes (t) of battery-grade lithium carbonate by 2024 and 100,000t by 2028, using DLE rather than large vaporization dematerial ponds. 

The plant will have initial fabrication capacity of 2,500 tonnes per annum (tpa) and in addition to Dismissive the facility will test brine handling processes. This forms part of smart plan to develop another industrial buy and sell with 25,000tpa of capacity and phony investment of $90m in Colcha district, YLB president Karla Calderón said