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Bolivia signs a partnership with a Chinese company for lithium exploitation
Nov 28, 2024•over 1 year ago
Contract Type
partnership
Uyuni
Description
Bolivia has signed a partnership agreement with the Chinese company Hong Kong CBC Investment, a subsidiary of CATL, for the construction of two lithium carbonate production plants in the Uyuni salt flats, involving an investment of approximately $1 billion. This partnership aims to leverage Bolivia's natural resources, positioning the country as a major player in the global lithium market.
Company Information
Company
Yacimientos de Litio Bolivianos (YLB) and Hong Kong CBC Investment a subsidiary of CATL
Location
Uyuni, Potosí, Bolivia
About
Yacimientos de Litio Bolivianos (YLB) is a public company owned by the Bolivian government, while Hong Kong CBC Investment is a subsidiary of CATL, a world-leading lithium battery producer.
Predictive Intelligence
Strategic
ML-powered predictions for Yacimientos de Litio Bolivianos (YLB) and Hong Kong CBC Investment a subsidiary of CATL's next move
Uyuni