Bolivia Seeks Partner on Lithium
Source: Business News Americas (9/22/10)
"Lithium partner for Uyuni salt flat will be selected in December."
"The agreement will be for mining and processing the metal," the spokesperson said.
The government has offers from companies such as France's Bollore, South Korean state company Kores and compatriot firm LG, as well as Japanese companies Mitsubishi and Sumitomo.
Authorities have also received technological support proposals from the governments of Japan, Finland and Italy.
The Uyuni salt flat has a surface area of almost 10,000 km2 and could have reserves of up to 8.9 Mts. lithium, 7.7 Mts. boron and 211 Mts. magnesium, in addition to sodium and calcium.
Some 5.4 Mts. of lithium could be mined from the salt flat, compared to 3 Mts. in Chile, 1.1 Mt. in China and 410,000 tons in the U.S., according to figures from the U.S. Geological Institute.