Monday, September 13, 2010

Japan Offers Aid to Bolivia For Developing Lithium Resources

The Nikkei reports that Japan will offer technical assistance to Bolivia to develop its lithium resources and ensure a stable supply of the metal. It is estimated, the Nikkei said, that supplies of lithium will become increasingly scarce in Japan, beginning about 2015, as more people begin driving electric cars.

Bolivia has the world’s largest lithium reserves. The Japanese government hopes to begin working with its Bolivian counterparts at a pilot plant being built near Salar de Uyuni, in the southwest of the country.

Officials from the Ministry of Economy, Trade and Industry will visit Bolivia early this week to make the aid proposal, which will include providing financial assistance and dispatching technical experts.

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