Russia Moves to Exploit Bolivia’s Lithium Reserves
Bolivia is home to the largest lithium deposits worldwide. Lithium has many uses, among them its use in rechargeable batteries for electric vehicles as well in energy storage. The demand for the metal is increasing as the transition to clean energy is adopted by more countries around the globe. In an effort to become a major player in the international lithium market, Bolivia recently entered into a partnership with Uranium One Group to construct a lithium carbonate plant in the Uyuni salt flats. The salt flats hold an estimated 21 million tons of the silvery-white metal. Uranium One Group is…