jun 30, 2023 - Bolivia Seals $1.4 Billion Lithium Deals With Russia and China

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Bolivia has signed lithium agreements with Russian state nuclear firm Rosatom and China's Citic Guoan Group, the South American country's government said on Thursday, as it looks to develop its huge but largely untapped resources of the battery metal.

The deals, which envisage total investment of $1.4 billion, follow a similar agreement in January with giant Chinese battery maker CATL, another potential win for Beijing in its efforts to lock in supply of the metal used in electric vehicles.

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