INSUBCONTINENT EXCLUSIVE:
and industrialization of lithium in the country.This development is considered a significant achievement, reflecting mutual respect and
paving the way for crucial advancements.Franklin Molina, the Minister of Hydrocarbons and Energies, emphasized the importance of this
for lithium gains international acceptance
stage, from extraction to industrialization and the subsequent sale of lithium products.The state-owned company Yacimientos de Litio
Bolivianos (YLB) ensures sovereign and complete control over the entire production chain.The selection process involved a transparent
international call, attracting 20 companies.After thorough evaluation and an eight-month piloting phase that utilized their technologies in
the Uyuni and Coipasa salt flats, eight companies were chosen.Following this stage, a Chinese consortium emerged as the selected partner.On
January 20, YLB signed an agreement with the Chinese company CATL BRUNP - CMOC (CBC) to establish two industrial complexes using Direct
Lithium Extraction technology.Bolivia aims to sign further agreements with additional international companies in the near future,
demonstrating the positive reception and interest generated by its sovereign investment model for lithium exploration and production.
