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Artikel

8 Sep 2022

Autor:
El Litoral

Bolivia: Analysts say the country is among the top ten lithium exporters and will industrialise with Chinese company

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[Translated by Business & Human Rights Resource Centre]

"Bolivia enters the Top 10 lithium exporting countries" - 5 September 2022

The Bolivian Institute of Foreign Trade (IBCE) reported that the country has finally made it into the top 10 lithium exporters. The data, from 2021, reflect the efforts of Luis Arce's government to advance in the industrialisation of this precious metal, whose largest reserves are found in this territory. According to projections, in the coming years the Plurinational State will increase its export volumes, as well as its income from sales...The IBCE report highlighted that during 2021 Bolivia exported 1,019 tonnes of lithium carbonate, produced in the pilot plant located in the Uyuni salt flats, department of Potosí. Forty-four per cent went to Russia, 40 per cent to China and the remaining 16 per cent ended up in the United States...According to the IBCE report, these are the largest exporters of lithium carbonate during 2021, in millions of dollars...YPF will industrialise lithium with a Chinese company... Bolivia, with its 21 million tonnes of lithium in Uyuni, has the world's largest reserves of this mineral. YLB is currently carrying out studies in other salt flats on the altiplano, which means there is still more lithium to be discovered. "This is a consequence of Bolivia's sovereign policy. For example, transnational companies in Argentina have refused to export lithium carbonate to Russia. They obey the policy of NATO (North Atlantic Treaty Organisation), imperialist Europe or whoever, but not Argentina," Cardona explained. On the other hand, "Bolivia is sovereign and exports to Russia because Russia pays"…