Chinese Firm Catl to Develop Huge Bolivian Lithium Deposit
January 29, 2023
| Share:
A giant Chinese battery company, Catl, has won a bidding process to develop Bolivia’s huge lithium reserves.
The ultra-light metal is used in electric vehicle (EV) batteries, production of which is expected to soar as fossil fuels are phased out.
Bolivian President Luis Arce said the Catl-led consortium was launching the “historic” industrialisation of lithium in Bolivia.
More than $1bn (£807m) will be invested in the project’s first phase, he said.
More News & Insights
Event Recaps – September 24, 2023
BENS CEO, General Tim Ray, traveled to Atlanta to visit with the Southeast Region’s BENS members. Members shared their thoughts and insights on their experiences and engagements with BENS and General…
