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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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Bolivian micro-mobility and clean energy startup MOBI has partnered with American direct lithium extraction company Energy Exploration Technologies Inc. Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. EnergyX) ( earlier post ).

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Bolivia chooses ACI Systems as strategic partner to industrialize lithium deposits

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Salar de Uyuni in the Andes in southwestern Bolivia is the world’s largest salt flat (10,582 km 2 / 4,086 mi 2 ) and holds the. The state-owned company Yacimientos de Litio Bolivianos (YLB) has now selected the German. company ACI-Systems as a strategic partner for this project. The company. The company.

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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

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Bolivia and ACISA found joint venture to extract and industrialize lithium from residual brine; €300M investment

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Bolivian state-owned company Yacimientos de Litio Bolivianos (YLB) and the German company ACI Systems Alemania GmbH ( ACISA ) have formed a joint venture: YLB-ACISA. With ACISA’s innovative process, the brine can now be utilized to produce lithium hydroxide profitably with a high lithium yield that is suitable for use in batteries.

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Rough road for EV industry

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The company in March announced multiple price increases including its most affordable electric car, the Model 3 RWD—once touted at $35K—now has an eye-popping price tag of $46,990. The company shut down orders after reaching 200,000 units, citing a shortage of lithium-ion batteries. The issue [now] is batteries.

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Mexico forms state-run company to mine lithium: Litio para Mexico

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Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. million tons of identified lithium resources, ranking the country 10 th in the world behind Bolivia, Argentina, Chile, the US, Australia, China, Congo, Canada and Germany. According to the USGS, Mexico has 1.7

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Tesla battery supplier CATL plans to acquire lithium mining company in Canada

Teslarati

Tesla battery supplier Contemporary Amperex Technology (CATL) has set plans in motion to acquire Canada-based Millennial Lithium. ” Chile, Argentina, and Bolivia make up the “Lithium Triangle,” holding more than 75% of the world’s lithium supply in their salt flats.

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