Rosatom will mine lithium in Bolivia
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Why Rosatom is going to Bolivia
Bolivia, along with Argentina and Chile, is the country with the largest lithium reserves in the world. Bolivian salt marshes contain 21 million tons of this metal, which is critical for the production of lithium-ion batteries, according to the US Geological Survey. But the country has practically no industrial potential for their development.
Attempts to industrialize Bolivia based on the development and commercialization of lithium deposits have been made since 2008 under former President Evo Morales. But they actually failed. Moreover, the resignation of Morales himself in 2019 was the result of a “lithium riot”. The politician was then forced to terminate the agreement signed in 2018 on the extraction of lithium with the German ACISA due to protests in Potosi, the capital of the region with the largest reserves of this metal in Bolivia.
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