In 2024, Bolivia’s state-owned lithium company, signed contracts worth a combined $2 billion with Russian and Chinese companies to mine lithium from Salar de Uyuni in the country’s southwest.
Local communities already experiencing water shortages say they’re concerned the projects will divert large amounts of freshwater from agricultural lands.
Experts have pointed out inconsistencies with the contracts, including the lack of environmental impact assessments required under Bolivian law, and the lack of community consultation.
Bolivia holds an estimated 23 million metric tons of lithium reserves, or about a fifth of the global total, which is in growing demand for production of electric vehicle batteries.
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