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
Shamkhani to Al Mayadeen: There is no mention of lifting sanctions in the latest US proposal, even though this issue is fundamental for Iran
Ali Shamkhani, political advisor to the Leader of the Islamic Revolution and the Islamic Republic of Iran, to Al Mayadeen: After receiving the American proposal, we are now preparing our new proposal
Shamkhani to Al Mayadeen: Iran will never give up its inherent rights
Iranian Defense Minister to Al Mayadeen: Israeli threats to Iran are just pointless nonsense
Iranian Defense Minister to Al Mayadeen: Those who actually possess the power and ability to threaten Iran do not speak as such; they are simply incapable of doing so
Iranian Defense Minister Aziz Nasirzadeh to Al Mayadeen: Iran possesses enough power to render 'Israel' incapable of threatening it
Hezbollah chief Sheikh Naim Qassem after meeting with Iranian FM Abbas Araghchi emphasized the importance of Iran’s positive role in the region and its support for the Palestinian Resistance and its people
Iranian FM Abbas Araghchi after meeting with Hezbollah chief Sheikh Naim Qassem: Iran is keen to assist Lebanon and stand by its side economically and politically, on the basis of mutual respect
Iranian Foreign Minister Abbas Araghchi met with Hezbollah Secretary-General Sheikh Naim Qassem, during which they discussed regional developments
Al Mayadeen’s correspondent in Gaza: The death toll from the Israeli massacre targeting a tent sheltering displaced persons inside a school west of Khan Younis has risen to 14

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

Ukraine's lithium wealth diminishes as key deposits fall to Russia

Serbian Minister vows to change approach amid lithium mining

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

Lebanon's PM Nawaf Salam meets with US envoy Morgan Ortagus in Beirut on April 5, 2025 (Dalati Nohra via AP)AP)

Morgan Ortagus to exit US role in Lebanon amid policy shift

  • Politics
  • 1 Jun 2025
Spokesperson for the Yemeni Armed Forces, Brigadier General Yahya Saree, announces a new operation against Ben Gurion Airport on May 29, 2025 (Yemeni Military Media)

Yemen announces successful hypersonic missile strike on Ben Gurion

  • Politics
  • 30 May 2025
An Israeli army vehicle moves in the Gaza Strip as seen from southern occupied Palestine, Thursday, May 29, 2025 (AP)

Hamas rejects Witkoff ceasefire plan, says alters terms

  • Politics
  • 29 May 2025
It may well be due to the longstanding relationship between MI6 and HTS, via Inter Mediate, that Britain was the first Western country to recognise their assumption of government in Syria. (Al Mayadeen English; Illustrated by Zeinab El-Hajj)

How MI6 helped HTS seize Syria

  • Opinion
  • 31 May 2025

Coverage

All
War on Gaza

Read Next

All
Iranian Foreign Minister Abbas Araghchi, center, lays a wreath at the tomb of martyred Hezbollah leader Hassan Nasrallah in the southern suburbs of Beirut, Lebanon, Tuesday, June 3, 2025 (AP)
Politics

Iran's Araghchi visits Lebanon, honors martyr Sayyed Nasrallah

Israeli occupation forces inspect the site where the Israeli occupation forces said a projectile fired by Ansar Allah landed in the area of Ben Gurion International Airport near Tel Aviv, occupied Palestine on Sunday, May 4, 2025 (AP)
Politics

Yemen ready to strike 'Israel' around the clock, says defense minister

In this photo released by the Iranian Presidency Office, President Masoud Pezeshkian steps out from his plane as he arrives at Muscat, Oman, on May 27, 2025. (Iranian Presidency Office via AP)
MENA

Pezeshkian: No talks under pressure or bullying

In this Thursday, April 21, 2016 photo, cattle graze by an Israeli military APC in the occupied Golan Heights, Syria (AP)
Politics

Pastoral settlement, new weapon for displacement in West Bank

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