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Bolivia and ACISA found joint venture to extract and industrialize lithium from residual brine; €300M investment

Green Car Congress

The aim of the JV is the sustainable extraction and industrialization of lithium as well as other raw materials from Salar de Uyuni, the world’s largest salt lake. There is a plan to establish a further joint venture to manufacture cathode material and battery systems in Bolivia and Germany.

Bolivia 230
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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

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Driven by the rise of battery gigafactories and game-changing Powerwall and energy storage businesses, the world now finds itself at the beginning of a lithium super cycle that is all about securing new supply, much of which is poised to come from lithium superstar Argentina. This means that the new market is all about new players.

Argentina 150
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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

The Federal Energy Regulatory Commission , which regulates interstate transmission of electricity, is on board with the idea. Vehicle-to-grid is, I believe, the salvation of the automotive industry in the United States,” declared Marc Spitzer, an agency commissioner who was also on the panel. Bolivia is no friend of the USA.

Grid 47
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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally. —Yayoi Sekine, head of energy storage at BNEF. —Allan Ray Restauro, metals and mining analyst at BNEF and lead author.

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