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

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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. Korea imports all of its lithium needs, which nearly doubled to 11,000 tons last year compared with 5,200 tons in 2008.

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