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According to the energy minister, Bolivia’s government has launched a new international tender for companies to extract lithium from the country’s salt flats.
The tender, from state-owned Yacimientos de Litio Bolivianos, seeks to set up projects in various salt flats in the Altiplano region, including three of the South American country’s top lithium reserves.
Bolivia, together with Argentina and Chile, sits atop the so-called “lithium triangle” which consists of more than half the world’s resources of the metal, but has struggled to launch industrial production.
Speaking at an event, Energy Minister Franklin Molina mentioned that the government aimed to attract companies using ''cutting edge technology'' for industrial scale lithium production, and projected applicants to respect local communities and the environment. The contenders must prove their technical capacity to operate in the salt flats and submit investment proposals, he noted.
Bolivia issued its first call for foreign companies to explore lithium extraction in 2021.
The government inked deals with Chinese companies CBC and Citic Guoan, as well as Russia’s Uranium One Group, to construct industrial facilities for the production of lithium carbonate.
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