Thursday, February 02, 2023

Bolivia's plans to be a protagonist in the lithium era

With the largest lithium reserve in the world - the Salar de Uyuni - the State is the major player in the extraction and industrialization process of the "white gold". With revenues increasing 20-fold between 2020 and 2022, the Bolivian government has signed new contracts to continue expansion.

The relevance that lithium has gained is closely linked to the fact that it is a key mineral in the development of efficient energy storage systems. Such is its importance that the 2019 Nobel Prize in Chemistry was awarded to John Goodenough, Stanley Whittingham and Akira Yoshino, the creators of lithium-ion batteries, which enable electromobility.

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