Chinese firm Catl to develop huge Bolivian lithium deposit

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Bolivia is rich in a metal vital for electric cars, and a Chinese battery maker will mine it.

A giant Chinese battery company, Catl, has won a bidding process to develop Bolivia's huge lithium reserves.

Bolivian President Luis Arce said the Catl-led consortium was launching the "historic" industrialisation of lithium in Bolivia.Australia and Chile are the world's biggest lithium producers, but Bolivia has huge reserves in the Potosi and Oruro salt flats.

 

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The Chinese are stealthily taking control of mineral deposits throughout the world. We'll come to our senses eventually - but will it be too late?

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