*Bolivia’s state lithium company, Yacimientos de Litio Bolivianos (YLB), has signed a contract with Russia’s Uranium One Group to build a direct lithium extraction plant and lithium carbonate production facility on the Uyuni salt flats in Potosí department. Uranium One Group, a subsidiary of the Russian state nuclear corporation Rosatom, will not begin construction work until the contract is approved by Bolivia’s congress. YLB’s president, Omar Alarcón, said that the plant will require an investment of around US$976m and will produce up to 14,000 tonnes per year of battery-grade lithium carbonate.
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LatinNews Daily - 12 September 2024
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