Bolivia's Vice Minister of Communication Gabriela Alcón said this week that spreading misinformation about lithium contracts would result in delays to the mineral's industrialization in her country. She also underlined the importance of transparent communication about the documents currently being negotiated, which are beneficial for the state and involve a small portion of the nation's salt flats. Contracts with Russia's Uranium One Group and China's CBC from Hong Kong are expected to yield significant amounts of lithium carbonate, with investments totaling over US$ 2 billion.
Add your comment!Yacimientos de Litio Bolivianos (YLB) Legal Manager Pablo Nina warned Tuesday that the Chinese company Hong Kong CBC has three years to extract a mineral with 99.5% purity and 80% recovery in the raw material processing or face the dismantling of its two battery-grade lithium carbonate production plants in the Uyuni salt flat and leave the country.
Add your comment!The Government of Bolivia stressed Monday that the International Monetary Fund's (IMF) devaluation and fiscal adjustment proposals were missing the target because they hinged on old data.
Authorities in the Argentine province of Salta called for tenders to build a “perimeter fence” 200 meters long and 2.5 meters high on the border with Bolivia along the Bermejo River between the Aguas Blancas bus terminal and the immigration checkpoint, in a move to keep irregular aliens and drugs from entering the country.
Bolivian Foreign Minister Celinda Sosa said her country's government had launched an investigation into the attack against Venezuela's Embassy in La Paz. From the Government of the Plurinational State of Bolivia we strongly repudiate these vandalism acts that violate the rights and immunities of Venezuelan diplomats, she stressed in a statement published on social media.
The international agency Fitch Ratings Friday downgraded Bolivia's status to CCC- and warned that corrective measures were needed urgently to avoid a deeper slide. In issuing its grades, Fitch took into account the unavailability of foreign currency and the country's poorly designed economic and fiscal policy.
An arrest warrant has been issued against former Bolivian President Evo Morales after the latter failed to turn up when summoned by the Judiciary citing health problems. He is under investigation for the alleged trafficking of a minor with her parents' consent. He is also believed to have fathered a child as a result of that intercourse.
Alan Lisperguer was sacked Wednesday as Bolivia's Minister of Environment and Water after the Institutional Transparency and Fight against Corruption Vice Ministry detected his involvement in illicit enrichment plus a submission of a false affidavit. The investigation had been triggered by suspicious bank deposits, irregular movements, and a disproportionate increase in Lisperguer's assets. The case was now brought before the Public Prosecutor's Office.
Bolivian flag carrier Boliviana de Aviación (BoA) faces substantial fines worth up to 1,472,416 bolivianos (US$ 211,864) for its 2024 noncompliances while five incidents have already been recorded this year for constant delays, flight cancellations, and poor handling of passenger complaints, Bolivia's Telecommunications and Transport Regulation and Supervision Authority (ATT) explained.
Former Chilean guerrilla fighter Pablo Muñoz Hoffman was arrested Monday in La Paz, Bolivia, after 29 years at large following a movie-style jailbreak using a helicopter. Together with Mauricio Hernández Norambuena, Ricardo Palma Salamanca, and Patricio Ortiz Montenegro, all members of the now-defunct Manuel Rodríguez Patriotic Front (FPMR), they staged the so-called Flight of Justice.