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Article: Bolivia: Bolivia says lithium plant on track for 2014.
- Article from:
- TendersInfo
- Article date:
- November 2, 2009
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Byline: manish03
Bolivia is optimistic it will develop a large-scale lithium industry at the Uyuni salt lake single-handedly by 2014, even though the country has never produced lithium, its mining minister said.
Bolivia, one of the poorest countries in Latin America, recently said it would invest up to $500 million to build a plant to produce lithium carbonate at Uyuni, believed to be one of the world's largest lithium deposits.
Bolivia has around 50 percent of the world's lithium, about 5.4 million tonnes, but it does not mine the metal -- unlike neighboring Chile and Argentina, which also hold big reserves.
After negotiating with ...