Can Bolivia exploit its lithium resource advantage?

Bolivia may only have a short window of opportunity to exploit its lithium resource advantage, as lithium batteries may be overtaken by other new technology in a rapidly changing competitive market in energy storage ( COHA, 2009, OECD, 2016b ).

What is Bolivia's lithium production & industrialization plan?

Bolivia's lithium production and industrialization plan is aimed at preventing this loss of industry development by declaring mineral extraction a national priority and developing value-added manufacture alongside extraction for Bolivian jobs and advancement.

Are FlexGen and hithium supplying a battery energy storage system?

Battery storage system integrator FlexGen and battery manufacturer Hithium could be supplying each other with complementary technologies for large-scale battery energy storage system (BESS) projects. The pair yesterday (21 November) announced the signing of a cooperation agreement in which they set purchasing targets over the next three years.

Will Bolivia experience a lithium boom in 2020?

In 2008, President Morales announced a strategic plan to develop Bolivia's lithium. Bolivia has the largest single reserve of lithium and is predicted to experience a lithium boom around 2020 ( Sagárnaga López, 2015).

Where are Bolivia's lithium deposits found?

As Fig. 1 shows, most of Bolivia's lithium deposits are found in municipalities with high levels of poverty and the responsible development of the sector has the potential for improving the per capita income of these regions. Fig. 1.

Does Sumitomo have a lithium mine in Bolivia?

The Japanese company, Sumitomo Corporation which owns Bolivia's largest mine, the San Cristobal mine (lead, zinc and silver) at Potosi, has also stated its intention to become involved in a lithium mining project ( Sumitomo Corporation, 2017 ). Information on these partnerships is not readily available.