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HOME / Bolivia pack lithium battery factory - SCM INDUSTRIES BESSLa Paz (AFP) – Bolivia said Tuesday it had signed a $1 billion deal with China's CBC, a subsidiary of the world's largest lithium battery producer CATL, to build two lithium carbonate production plants in the country's southwest.
Credit: Courtesy of psyberartist. Bolivia finalised a major deal this week with China's largest battery producer CATL and largest cobalt miner CMOC in a move that could finally see the South American country untap the full potential of its huge lithium resources.
Salar de Uyuni. Stock image. Bolivia is stepping up efforts to tap the world's biggest lithium deposits, readying deals with new investors to build processing plants despite low prices and growing opposition from lawmakers and citizen groups.
Bolivia's state-owned Bolivia Lithium Deposits (YLB) said the plants -- one with an annual capacity of 10,000 tons of lithium carbonate and the other of 25,000 - would be situated in the vast Uyuni salt flats. Lithium, nicknamed "white gold," is a key component in the production of batteries for electric vehicles and mobile phones.
Chinese battery maker CATL, which also inked a major Bolivia lithium agreement in 2023, did not reply to a request for comment. Felipe de Mussy, South America president for U.S. lithium
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Bolivia said Tuesday it had signed a $1 billion deal with China''s CBC, a subsidiary of the world''s largest lithium battery producer CATL, to build two lithium carbonate production plants in the
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Discover how Bolivia navigates technical hurdles and political tensions to unlock its vast lithium reserves for the global battery market.
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Bolivia is awash in the battery metal lithium, but the resource is nearly all trapped underground. President-elect Rodrigo Paz, who takes office Saturday, is vowing to finally bring
Bolivia finalised a major deal this week with China''s largest battery producer CATL and largest cobalt miner CMOC in a move that could finally see the South American country untap the full
Bolivia is stepping up efforts to tap the world''s biggest lithium deposits, readying deals with new investors to build processing plants despite low prices and growing opposition from
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