Bolivia walks away from lithium project with German company | WHAT REALLY HAPPENED

Bolivia walks away from lithium project with German company

Bolivia’s government has cancelled a joint venture project with Germany’s privately owned ACI Systems Alemania (ACISA), which was seeking to develop a massive lithium project in the country’s southern highlands.

Residents of Potosí, where the partners had planned to build a factory for electric vehicles (EVs) batteries and a lithium hydroxide plant, have been protesting since early October against the project. They claimed the region was not getting enough benefits from the deal and demanded authorities to raise the agreed 3% royalty to 11%, Spanish news agency EFE reported.

Comments

uyuni

z00mcopterdown

they already killed half the Uyuni salt lake, now they will kill the other half in half the time....GREED.

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