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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

Green Car Congress

KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. The global lithium market has been expanding by 6% annually since 2000, according to KORES.

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Opinion: Will Lithium Be Our Next Energy Crisis?

Clean Fleet Report

domestic supply of lithium. Globally, 27 percent of all passenger vehicles are forecasted to be EV by 2030. It’s going to take some work get lithium production going. EVs run on lithium-ion batteries. Currently, only about one percent of the world’s lithium output is both mined and processed in the U.S.

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. Bolivia was at the bottom of the rankings this year.

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