Chinese Firm Catl to Develop Huge Bolivian Lithium Deposit
January 29, 2023
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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.
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![(2023 03 26) Event Recap [crop]](https://bens.org/wp-content/uploads/bb-plugin/cache/2023-03-26-Event-Recap-crop-scaled-landscape.jpg "(2023 03 26) Event Recap [crop]")
Event Recaps – March 26, 2023
A select BENS Member delegation traveled to Norfolk, Virginia as guests of US Navy’s Fleet Forces Command. Our Members visited a variety of shipyards and drydocks and attended a series…
