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

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The deal makes Korea the first country to do battery business with Bolivia.About 10 countries including the US, Japan, France and Brazil competed to partner with the Latin American nation, the state-run mineral developer said. It forecasts the rate will top 20% in the coming years given demand projections for electric drive vehicles.

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