LA PAZ — The Bolivian government won’t take a final resolution on imaginable lithium mining mergers with personal partners until December, six months later than originally scheduled, a senior official told state television on Friday.
The government is recently comparing six companies to help tap into the country’s untapped lithium wealth. It is very likely that one or more will decide to marry the state company Yacimientos de Litios Bolivianos (YLB).
Alvaro Arnez, deputy minister of high-energy technologies, told the state broadcaster that the government now plans to have proposals in conditions of attention through companies until the end of October, with an agreement or final agreements in force until the end of December.
Previously, the government had planned to announce its final variety last month. He hopes personal partners can help revive lithium mining in Bolivia’s vast salty expanses, home to the world’s largest white steel deposits, coveted by rechargeable battery makers.
Despite decades of attempts, Bolivia has still managed to announce lithium production. The demand for ultralight steel has increased in recent years.
This month, the government reduced the maximum number of candidates from 8 to 6, after disqualifying U. S. startup EnergyX and Argentine utility Tecpetrol.
Bolivia, one of the poorest countries in the Americas, faces wonderful demanding situations to achieve its purpose of generating lithium-ion batteries until 2025.
A Reuters last month highlighted technological challenges, social resistance, legal hurdles and political changes that are undermining Bolivia’s extraction plans.
None of the shortlisted corporations have mined lithium in the past on an advertising scale. (Reporting by Daniel Ramos; Written through Isabel Woodford; Editing through David Alire García and David Gregorio)
From our newsroom to your noon inbox, the latest Toronto Sun headlines, stories, reviews and photos.
A welcome email is on the way. If you don’t see it, check your spam folder.
Your Midday Sun’s next factor will soon be in your inbox.
We found a challenge with your registration. Check back
Postmedia is committed to maintaining a civilized discussion forum and encourages all readers to share their views on our articles. Comments can take up to an hour to moderate before appearing on the site. We ask that you keep your comments applicable and respectful. I’ve enabled email notifications. You will now receive an email if you get a response to your comment, if there is an update to a comment thread you are following, or if a user follows your comments. See our network rules for more information and main points on how to adjust your email settings.
365 Bloor Street East, Toronto, ONTARIO M4W 3L4
© 2022 Toronto Sun, a department of Postmedia Network Inc. All rights reserved. Unauthorized broadcasting, transmission or transmission is strictly prohibited.
This uses cookies to personalize your content (including ads) and allows us to analyze our traffic. Learn more about cookies here. By using our Array, you agree to our terms of use and privacy policy.