12.06.2025, 21:53
The Bolivian authorities will promote cooperation with Russia in the field of lithium
Source: OREANDA-NEWS
OREANDA-NEWS The Bolivian authorities will promote cooperation with the Russian Federation in the field of lithium, Foreign Minister Celinda Sosa said in an interview with RIA Novosti.
"We will continue to give it momentum, we consider Russia an important partner. President Luis Arce clearly said that "we don't need bosses, we need partners," strategic partners for mutual benefit, we don't want our resources to be stolen from us," the minister said.
On September 11, 2024, the government of Bolivia signed a contract with a subsidiary of Russian Rosatom, Uranium One Group, to build a lithium carbonate plant for batteries with a capacity of 14,000 tons per year with an investment of $970 million. The contract is currently under consideration by Parliament.
Bolivia has lithium reserves of 23 million tons and is part of the "lithium triangle", where the world's largest deposits of this metal are located, along with Argentina with its 19 million tons and Chile with 9 million tons.
"We will continue to give it momentum, we consider Russia an important partner. President Luis Arce clearly said that "we don't need bosses, we need partners," strategic partners for mutual benefit, we don't want our resources to be stolen from us," the minister said.
On September 11, 2024, the government of Bolivia signed a contract with a subsidiary of Russian Rosatom, Uranium One Group, to build a lithium carbonate plant for batteries with a capacity of 14,000 tons per year with an investment of $970 million. The contract is currently under consideration by Parliament.
Bolivia has lithium reserves of 23 million tons and is part of the "lithium triangle", where the world's largest deposits of this metal are located, along with Argentina with its 19 million tons and Chile with 9 million tons.
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