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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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