Saturday, October 30th 2010 - 05:15 UTC

Iran “partner” in the industrialization of Bolivia’s lithium reserves

Bolivian President Evo Morales announced this week that Iran will “partner” in the development and manufacturing of the country’s lithium reserves, an association which had also shown interest from industry groups and governments of other countries.

Morales made the announcement on the completion of a three-day official visit to Tehran, where the governments of Bolivia and Iran reaffirmed a political and economic alliance, along with several cooperation agreements, according to state news agency ABI.

“Bolivia is aware of the broad scientific knowledge of Iran, to be partner country in the industrialization of lithium,” Morales said in a joint press conference with his Iranian counterpart Mahmoud Ahmadinejad, the agency said.

It was not explained whether the alliance with Iran to industrialize the lithium metal considered key to the industry of electric cars, left side definitely other possible partners such as the Japanese companies Mitsubishi and Sumitomo, the French Bolloré Kores and South Korea, and the governments of Brazil and Venezuela, among others.

Morales said last week in La Paz that Bolivia may have in its hands the key to a comprehensive change in their matrix by adding salt flats of the highlands, mainly in Uyuni, reserves of 100 million tons of lithium.

These reserves, which amount to 70% certificates of deposits of this metal in the world at the moment, will be operated exclusively by the Bolivian state until the production phase of lithium carbonate and related products, such as potassium chloride.

The Bolivian president said his country would need foreign partners into the next phase of industrialization, including the manufacture of batteries. He acknowledged that the country lacks resources and the technology needed.
Morales said in Tehran that “the development of lithium resources is not merely one isolated mineral export as raw material, but the production of lithium batteries and other products.” Precisely in this process is that Iran is a partner of Bolivia, “said ABI.

Bolivian media reported that Iran confirmed on Wednesday a revolving credit of 200 million euros for projects of industrialization, and opened its market for Bolivian agricultural products like soybeans, rice and sugar.


1 comment Feed

Note: Comments do not reflect MercoPress’ opinions. They are the personal view of our users. We wish to keep this as open and unregulated as possible. However, rude or foul language, discriminative comments (based on ethnicity, religion, gender, nationality, sexual orientation or the sort), spamming or any other offensive or inappropriate behaviour will not be tolerated. Please report any inadequate posts to the editor. Comments must be in English. Thank you.

1 briton (#) Nov 01st, 2010 - 08:56 pm Report abuse
this guy is a threat to the human race, south American countries should steer well away, he has already stated to the world what he will do if IRAN ever get nuclear weapons, but on the other hand, there will always be people that thinks the sun shines out of ??????
there you go ..

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!