Bolivia launches call for lithium extraction

June 10, 2021

Bolivia has launched a second international call, after a first attempt failed in 2019, to seek potential investors for its huge lithium resources.


Bolivia has announced plans to resume lithium extraction, according to a statement issued by the Ministry of Hydrocarbons and Energy and state-owned Yacimientos de Litio Bolivianos (YLB) last week.

The call is aimed at companies that have direct lithium-extraction technology (EDL) and that can conduct pilot tests at the Uyuni, Coipasa and Pastos Grandes salt flats, the Bolivian government said.

International players such as Russia’s Uranium 1G, China’s Gangfeng Lithium and TBEA, and U.S.-based EnergyX recently participated in an online meeting that YLB and the ministry held with potential investors. Experts at the meeting outlined the characteristics of EDL technology.

“EDL technology is a step toward innovation that will provide important opportunities to generate technical and technological growth and that is what we are here to present today,” said Minister of Hydrocarbons and Energy Franklin Molina.

Read the full article at pv magazine LatAm