Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen correspondent: One martyr and one wounded in an Israeli drone attack on the town of Hafir, west of Baalbek, eastern Lebanon.
Al Mayadeen correspondent: An Israeli drone fired three missiles in the vicinity of the town of Bodai, west of Baalbek.
Reuters: The Rapid Support Forces announced that they have taken over the headquarters of the Sudanese Armed Forces in al-Fasher.
Al Mayadeen correspondent: An Israeli drone strike targeted the town of Al-Qlailah, Southern Lebanon.
Al Mayadeen's correspondent in South Lebanon: Israeli drone strikes town of Harouf, Nabatieh district.
Factions' statement: The attendees agreed to support and continue implementing the ceasefire agreement measures, including the withdrawal of the occupation and lifting the siege.
Factions' statement: Calling for an end to all forms of torture and violations against prisoners in occupation prisons and the necessity of obligating the occupation to do so.
Statement: The current moment is crucial, making the meeting a true turning point toward national unity in defense of our people and their right to life, dignity, and freedom.
Factions' statement: Call for an urgent meeting of all Palestinian forces and factions to agree on a national strategy.
Factions' statement: Continuing joint work to unify visions and positions to confront the challenges facing the Palestinian cause.

Russia’s Rosatom signs agreement with Bolivia to build lithium plant

  • By Al Mayadeen English
  • Source: Agencies
  • 12 Sep 2024 00:02
  • 1 Shares
2 Min Read

Rosatom noted that the plant will employ Russian adsorption-type direct lithium extraction technology, praised for its efficiency and environmental safety.

Listen
  • x
  • AP
    Salt recovery pools stand in different degrees of evaporation for an industrial plant that produces lithium carbonate to manufacture lithium batteries, after the plant's opening ceremony in the Uyuni salt desert on the outskirts of Llipi, Bolivia, Friday, Dec. 15, 2023. (AP Photo/Juan Karita)

Russian state nuclear corporation Rosatom announced on Wednesday that its international uranium mining subsidiary, Uranium One Group, has signed an agreement with Bolivian lithium company YLB to establish a lithium carbonate production facility in the southern city of Potosi, Bolivia.

The plant will be situated in the Uyuni Salt Flats, the world's largest lithium-bearing salar, located at an altitude of 3,650 meters (12,000 feet) and spanning over 10,500 square kilometers (2.5 million acres). According to Rosatom, the facility is expected to begin operations in the second half of 2025, with a gradual production ramp-up to 14,000 tonnes of lithium carbonate annually.

Rosatom noted that the plant will employ Russian adsorption-type direct lithium extraction technology, praised for its efficiency and environmental safety. This technology avoids the use of aggressive chemicals and incorporates a system for maximizing water recycling, thus protecting the salar's ecosystem.

Bolivian President Luis Alberto Arce Catacora attended the official signing ceremony. The agreement still requires ratification by the Bolivian parliament to move forward.

Related News

Bolivia votes in presidential runoff amid deep economic strain

Germany set for major shift after lithium discovery in Saxony-Anhalt

YLB Executive President Omar Alarcon announced that Uranium One Group would invest over $970 million in the plant's construction. Russian Ambassador to Bolivia, Mikhail Ledenev, described the agreement as a significant step toward strengthening cooperation between Russia and Bolivia.

Big L for Tesla 

Observers say that this agreement is likely upset Elon Musk for several reasons. As Tesla is heavily dependent on lithium for its electric vehicle batteries, the partnership may increase competition for access to Bolivia’s vast lithium reserves.

Two years ago, Musk blatantly expressed his support for a US-backed coup in Bolivia against Evo Morales, a democratically-elected president who implemented a series of socially progressive policies in his country that conflicted with US interests.

Bolivia has one of the world’s largest lithium reserves and is attractive to capitalists and international companies like Tesla who seek to profit from the growing demand for the mineral to power electric cars and storage batteries.

 

Even though Musk deleted the provoking Tweet, the comment remains a clear illustration of the capitalist motivations behind imperialist aggression. 

Read more: Elon Musk, US sniffing around Argentina's untouched Lithium reserves

  • Lithium
  • Russia
  • Bolivia
  • Rosatom

Most Read

From previous scenes of the Qassam Brigades targeting an Israeli D9 bulldozer with a Yassin 105 shell, east of Deir al-Balah. (Military Media of the Qassam Brigades)

US knew fatal Rafah blast cause was not Hamas op., says journalist

  • Politics
  • 20 Oct 2025
'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Abu Hamza, the spokesperson for the Al-Quds Brigades, during a speech televised on October 22, 2025 (Al-Quds Brigades Military Media)

Al-Quds Brigades' Abu Hamza mourns leaders, vows continued resistance

  • Politics
  • 22 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Undated photo of Hanwha Ocean’s Goeje Shipyard in South Korea (Hanwha Ocean)
Politics

China counters US maritime bloc with sanctions on Hanwha Ocean

Catherine Connolly speaks after being after being elected as the new President of Ireland at Dublin Castle, Ireland, Saturday, Oct. 25, 2025. (AP)
Politics

Connolly wins Irish presidency in blow to political establishment

Buildings destroyed during the Israeli air and ground offensive are seen in the Al-Shati camp, in Gaza City, Friday, Oct. 24, 2025. (AP)
Politics

'Israel's' post-ceasefire demolitions in Gaza violate agreement: Hamas

Iran's Foreign Minister Abbas Araghchi attends the 17th annual BRICS summit in Rio de Janeiro, Brazil, July 7, 2025 (AP)
Politics

Iran’s Araghchi: Our nuclear bomb is resilience, not weapons

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS