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Bolivia’s key reserves are in lithium, which is essential for the electric car. Bolivia claims to have 70 percent of the world’s lithium reserves... Morales made it clear that any development of the lithium had to be done with Bolivia’s Comibol—its national mining company—and Yacimientos de Litio Bolivianos —its national lithium company—as equal partners... Tesla and Pure Energy Minerals both showed great interest in having a direct stake in Bolivian lithium. But they could not make a deal that would take into consideration the parameters set by the Morales government. Morales himself was a direct impediment to the takeover of the lithium fields by the non-Chinese transnational firms. He had to go. (en) |
