EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Brian's Poetry
  Telepathic Messages
  Jess Anthony
  Lucia G
  Targeted Messages
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Vegan Recipes
  Translated Material
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Canal Jess
  Par Candace
  Other Channels
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Translations - Candace
  Translations - Jess
  Translations - Others
  by Candace
  By Jess
  By Others
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

[an error occurred while processing this directive]
Political Information Last Updated: Jan 14, 2020 - 12:07:47 PM

Evo Morales Plans to Transform Bolivia into Major global hub of lithium-based technologies
Nov 12, 2019 - 4:34:47 AM

Email this article
 Printer friendly page Share/Bookmark

17 Jul 2017

lithium mine bolivia
The Bolivian government aims to pump massive investments to expand the country's production of lithium, a metal needed for the batteries that power everything from smartphones and laptops to hybrid and electric cars.

In a future battery-powered world, lithium may replace oil and emerge as one of the most important commodities on earth. That prospect is driving Bolivia, which is considered to have the largest reserves of the metal, to keep lithium under strict state control.

Bolivian President Evo Morales sees a prosperous future for his currently impoverished South American nation, pinning his hopes on the rapid rise in the global price of this valuable resource. "We will develop a huge lithium industry, over $800 million have already been made available," Morales told the German DPA news agency.

Lithium, the lightest of all metals, is the key ingredient in lithium-ion batteries, which are currently the best available technology for powering a range of products, including mobile phones and e-cars.

Lithium-ion battery production is forecast to double to eight billion cells by 2025. And the world price for lithium carbonate has almost doubled in a short span of time to about $13,000 per ton. This has pushed a number of firms across the world to try to get hold of lithium supplies.

Salt flats in the highlands of Bolivia are thought to hold millions of tons of untapped lithium reserves. According to the US Geological Survey, the Salar de Uyuni salt flats in the country alone contain nine million tons of lithium, over a quarter of the world's known reserves. In total, Bolivia is estimated to possess about half of the world's lithium.

This has prompted some observers to even suggest that Bolivia could become "the Saudi Arabia of lithium."

That means if the world shifts to electric cars and causes a spike in demand for lithium, then Bolivia's enormous reserves could provide a major windfall for the country, allowing it to generate wealth and spread prosperity among its destitute population.

Building an industry

But for now, Bolivia remains a minor player in the global lithium economy, while its neighbors like Chile and Argentina dominate the market, although those countries possess smaller reserves of the resource.

A mining complex to extract lithium and potassium chloride is currently being run on a 40 square kilometers area in Bolivia's Salar de Uyuni salt flats. The government says it's only a pilot project and underlines that it intends to spend hundreds of millions of euros on lithium mining and processing capacity development. Its plan foresees lithium carbonate production beginning in 2020.

Still, Bolivia has to overcome an array of daunting challenges to realize its aim of developing a whole lithium industry.

The government says it doesn't want the nation to be a mere exporter of raw material, but rather wants to transform it into a hub where the entire chain of value-added activities involving lithium takes place. That includes, for instance, building of battery plants and car factories in Bolivia, which it hopes creates employment and wealth for Bolivians.

Another issue concerns the purity of lithium extracted. Bolivia's reserves are held to be relatively impure as they have higher levels of magnesium than in the metal found in other countries. The nation's salt flats are also subject to seasonal flooding, resulting in a lower evaporation rate and making it more expensive and difficult to refine.

Bolivia's shabby physical infrastructure also poses a hindrance. And the country is attempting to scale up the building of roads, ports and electricity as well as communications lines to bring its infrastructure on par with that existing in nations like Chile.

The medium-term prospects for lithium mining and processing may also depend on whether lithium-ion batteries remain the leading energy storage technology for cars, smartphones and other mobile devices.

Electric vehicle energy storage is a technology that remains a long way from maturity. It's entirely possible that even more efficient or cost-effective on-board energy storage technologies, not based on lithium, could emerge in coming years.

Ecology vs economy

Investor confidence in the Bolivian government is another issue negatively affecting Morales administration's plans for creating a full-fledged lithium industry.

Elected in 2006, Morales is Bolivia's first indigenous leader and has become the longest-serving president since the country became independent in 1825. But multinational corporations view Morales with suspicion given his left-wing credentials and harbor fears that their assets could be nationalized by the government at a whim.

Comment: "At a whim"! Yeah, cause nationalist leaders just do things willy-nilly for immediate profits on the spur of the moment while multinational corporations do long-term planning in the interest of a country's entire population...

Nevertheless, Bolivia has posted some of the highest growth rates in the region under Morales' presidency. He has also been credited for using profits from the country's gas exports to modernize the economy and for being among the most fiscally prudent leaders in the region.

At present, firms like Germany's K-UTEC Ag Salt Technologies and China's Linyi Dake Trade are active in lithium extraction in Bolivia. Last September, the country also shipped 15 tons of lithium carbonate to China, Bolivia's first export delivery of the metal.

While some fear that lithium production in the salt flats degrades the environment, others point out that the evaporation process used to extract lithium is less polluting than other forms of mining. Still, experts warn the region's sensitive ecology could be severely impacted by any large-scale mining project.
Comment: That's the end of that plan then.

All writings by members of AbundantHope are copyrighted by
©2005-2020 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here

Top of Page

Political Information
Latest Headlines
Harper's "Bizarre" Letter & The Woke Revolution
Is Black Lives Matter Marxist ? Yes... And No
Was The American Revolution A Mistake ?
CIA Idaho Plane Crash “Message Murders” Said Target Ghislaine Maxwell Ties To Nike And 9/11
Trump Moves Closer To War With China After Claim Of Children Being Sold In Wayfair Ads Explodes
Company Reported to FBI for Operating Online Human Trafficking Front
Don't Sweat The Small Stuff
Beware of Secret Government Acts Under the Guise of Covid 19
We Are Psychologically Locked Down, and There's No Easy Way out
LA Teachers Union Holds School Openings Hostage
Fake Debates: NY Times Fakes a Climate Change Debate
Trump vs The Ivy League
French Senate Report Describes ‘Alarming’ Spread of Islamism
Thomas Sowell: ‘Systemic Racism’ Has ‘No Meaning’
American Collusion: Weaponizing Media, Big-Tech, & Government
RED NOVEMBER: How the Democratic Party Has Brought America to the Brink of Socialism
Welcome to Year One—All Prior History Is Cancelled
'Never-Trump' Neocons Target President's Allies For Cancellation
Rita Panahi on the left's 'cultural revolution' media bias & 'coward' conservatives -BQ #21
Trove of Leaked FBI, Fusion Center and DHS Documents Provide Insight Into Antifa, Charlottesville, Political Bias, and the Erosion of Civil Liberties