Deals
Bolivia Steps Up Lithium Dealmaking Despite Growing Opposition
- Contracts with Russian and Chinese firms are before Congress
- Talks are also underway with European and Australian firms
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Bolivia is stepping up efforts to tap the world’s biggest lithium deposits, readying deals with new investors to build processing plants despite low prices and growing opposition from lawmakers and citizen groups.
The Andean nation opened its first industrial-scale plant in late 2023, built by a Chinese group, and last year signed deals for further investments with Russia’s Uranium One Group and a Chinese consortium, which are awaiting congressional approval.