The lithium triangle – the importance of Bolivia

Abstract

Bolivia is the largest world lithium reserve with brines for extraction at salt lakes, the main one being Uyuni. Policies for development were reactivated by 1997 with periodically revised plans. Specific projects have been implemented since 2007, including pilot plants and experimental exports. Only by the end of 2018 did Bolivia succeed in signing significant contracts with foreign participation. Internal political factors forced the termination of an important contract with ACY Systems GmbH - Germany. The government elected in 2020 renewed efforts, and are expected to re-initiate significant progress by 2021. Technological challenges remain (rainy seasons – magnesium brine composition). The state has active participation in agreements with foreign/national private parties.