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

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KORES said that Korean Li-ion manufacturers SK Innovation and LG Chem are also likely to participate in the project. POSCO plans to bid for construction of lithium-carbonate manufacturing and processing facilities in Uyuni, it added. The global lithium market has been expanding by 6% annually since 2000, according to KORES.

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DOE issues RFI to strengthen battery critical materials supply chains

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In 2019, the US produced an estimated 500 metric tons of Co from a nickel-copper mine in Michigan and mine tailings in Missouri (less than 1% of global mine production), plus an additional 2,700 metric tons in secondary production (recycled materials, post-industrial, and post-consumer materials). fabrication generally flow through China.

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