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View Full Version : Massive lithium reserves could make Bolivia a key energy supplier



Yazman
17th February 2010, 07:46
Source: http://www.boston.com/business/technology/articles/2010/02/15/massive_lithium_reserves_could_make_bolivia_a_key_ energy_supplier/

Snippet from source (click link for full article):

SALAR DE UYUNI, Bolivia - On the edge of an evaporated sea, where the cracked white earth spreads for hundreds of miles over a desolate horizon, wood scaffolding surrounds the first buildings of a project that could transform South America’s poorest nation into the world’s key energy supplier.


Beneath this high desert in the Andes is about half the planet’s supply of lithium, dwarfing all other known sources of the rare mineral, which has experienced a surge in demand in recent years. It is used in making batteries to power everything from cellphones to electric cars.


The Bolivian government is about to launch a multimillion-dollar pilot project to bore into the pristine salt flats and mine the briny liquid below for the valuable element. The US Geological Survey estimates at least 5.4 million tons of lithium could be extracted from the Salar de Uyuni, compared with just 410,000 tons of reserves in the United States.


“This project is of huge strategic importance for Bolivia - and for the world,’’ said Moises Vallejos, the plant’s head of security, as he pointed to the new brick buildings that will house engineers and scientists who are expected to begin the process of mining lithium this year. “This is the start of something big.’’



What are everybody's thoughts on this?

La Comédie Noire
17th February 2010, 08:10
Good if a bunch of foreign corporations don't rape poor Bolivia for all it's worth. I noticed it was Surveyed by a US foundation, so that could be in the cards.

Yazman
22nd February 2010, 14:07
Good if a bunch of foreign corporations don't rape poor Bolivia for all it's worth. I noticed it was Surveyed by a US foundation, so that could be in the cards.

Quite possible. Here's hoping Morales takes advantage.

Tifosi
22nd February 2010, 16:45
Morales will sell for the right price (or right amount of force). Bolivia is still a Capitalist country, but I'm no expert on South American politics so just have to wait an see.

The Vegan Marxist
22nd February 2010, 16:47
I believe Morales has the right heart in mind. Let's just hope that he progresses over the U.S. like Cuba & Venezuela.

Tifosi
22nd February 2010, 17:07
I believe Morales has the right heart in mind. Let's just hope that he progresses over the U.S. like Cuba & Venezuela.

Doe's Venezuela sell oil to the US? Venezuela doesn't have the same problems as Cuba with the boycott and all that that. Venezuela is a Capitalist country and has no reason not to sell.

I think it is a giving that Bolivia will sell to the US. There will be a lot of US/capitalist propaganda going about, mabye the people will force Morales to sell? Capitalism will use force, that is one thing history has shown us. But why should Morales and his pals choose what to do? Let the people:thumbup1: