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

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Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”. However, Bolivia is production-poor; Chile and Argentina are top global producers, but Bolivia has yet to produce the mineral in commercial quantities.

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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. In 2013, COMIBOL completed the construction of a pilot plant for processing brines at the Salar de Uyuni, but commercial production was not expected until the fourth quarter of this year. realize this step.

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

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

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