Bolivia’s president says the Andean country's total lithium resources have increased 2 million tons to a total of 23 million tons.

LA PAZ, Bolivia (AP) — The total of Bolivia’s confirmed lithium resources has increased 2 million tons to 23 million tons, the Andean country’s president said Thursday.

The new estimate further cements Bolivia’s position as the country with the world’s biggest known deposits of lithium, which is in high demand for use in batteries.

    • atzanteolEnglish
      6·
      1 year ago

      “If the wealth of a nation is mostly dug out of the ground it’s a terrible place to live because a goldmine can run with dying slaves and still produce great treasure.”

      https://youtu.be/rStL7niR7gs

    • Riddick3001@lemmy.worldOPEnglish
      31·
      1 year ago

      Hopefully the don’t end up getting exploited for it

      So we hope.

      Though there are some concerns for example with an increasing Chinese trade deficit & ( economic) dependency. Also, quoting:

      " Other critics say that Chinese operations in Latin America’s mining belt have been environmentally damaging and disrespectful of indigenous concerns. The Collective on Chinese Financing and Investments, Human Rights and the Environment looked at 26 mining, infrastructure, and energy projects in Latin America. It concluded that every single one of them had contributed amply to deforestation and water pollution and human rights violations against local and indigenous communities."

      For context The diplomat June 2023

      https://mediabiasfactcheck.com/the-diplomat-magazine/