Former Yacimientos de Litio Bolivianos (YLB) Executive Manager Juan Carlos Montenegro Bravo was found dead Wednesday. He left a letter explaining that he would make a painful decision because he could not stand to be “humiliated by a rigged justice.”
A new agreement between Bolivia's state-owned Yacimientos de Litio Bolivianos (YLB) and the Chinese consortium CATL, BRUNP & CMOC (CBC) was signed Thursday to install a lithium carbonate pilot plant with Direct Lithium Extraction (DLE) technology in the Uyuni salt flat and would have a production of 2,500 tons per year after an investment worth US$ 90 million.
Germany and Bolivia will join forces for the extraction of lithium, as Europe's largest economy moves to secure supplies for battery-powered vehicles, which are believed to be looming over, the German government announced Wednesday.