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China and Russia Collaborate with Bolivia in $1.4bn Lithium Extraction Deal

The Bolivian government, in collaboration with Uranium One Group, a subsidiary of Russia's State Atomic Energy Corporation, Rosatom, and Qinghai Citic Guoan Technology Development Co., Ltd., a subsidiary of China's Citic Guoan Group, has recently disclosed that agreements have been signed for deals expected to total over $1.4 billion in combined investment.

The Bolivian authorities have announced that both CITIC Guoan and U-One Group are set to inject $857 million and $578 million, respectively, into the north of Uyuni Salt Flat and the Gran Pastos Salt Lake in Potosí Province. The funds will aid in the. . .

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