Bolivia to Exploit Lithium Demand
Source: IHS Global, Anna Gilmour (7/21/10)
"Significant lithium reserves could benefit Bolivia."
But this requires the cash-strapped government to fund the development of the country's lithium mining industry from scratch. And if the government is to achieve its aim of a fully functioning lithium mine and associated processing plants, it will need to find USD800 million, or approximately 4.6% of total 2009 GDP. It is unlikely to be able to fund such a project without foreign participation, meaning it will have to seek investment from foreign firms.