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Bolivia, home to some of the world s biggest lithium reserves, signed a USD 450 million deal Wednesday with Russian state firm Uranium One Group to produce the key battery and electric vehicle components. Uranium One Group was one of seven firms vying for the contract under a tender launched last year by Bolivia s state-run lithium firm, YLB. YLB chief executive Karla Calderon said the pilot plant would produce 1,000 tonnes of battery-grade lithium carbonate in its first year, before eventually scaling up to 14,000 tonnes per year.
Customs authorities in Argentina have set an official reference price for the country’s exports of lithium carbonate, a move that was intended to add transparency to the government’s monitoring of the sector and to the collection of royalties from local exporters.
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