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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. KORES said that Korean Li-ion manufacturers SK Innovation and LG Chem are also likely to participate in the project.

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Li-ion Reserve in the World: How it Revolutionised the EV Industry

Get Electric Vehicle

Lithium-Ion Batteries: The Game Changer. The Roadster used three-phase, four-pole AC induction motors and was the first to install lithium-ion batteries in a production car and the first to demonstrate a 200-mile driving range. Tesla and other modern electric cars (except a few) owe lithium-ion batteries to their success.

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