|
|
Article: Bolivia : Bolivia Plans to Sell Forward Contracts for Lithium Carbonate.
- Article from:
- TendersInfo
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Mamta03
Bolivia s government may sell forward contracts for the lithium carbonate it plans to mine from the Uyuni salt desert, which holds world s largest deposit of the raw material used in batteries.
The proceeds would help finance an $800 million lithium carbonate plant planned for Uyuni, said Freddy Beltran, mining director at the Mining Ministry. The plant would start commercial output of the white granular compound of metal, carbon and oxygen by 2014, Beltran said yesterday in an interview in La Paz.
We re confident we won t have problems financing the industrial project, Beltran said outside a conference on lithium-based ...