#Bolivia’s Almost Impossible #Lithium Dream
One of the world’s poorest nations is sitting on the second-largest amount of the mineral needed to power electric cars.
President Morales nationalized hydrocarbons, #Bolivia’s main source of revenue, as well as the electricity grid and telecoms. He vowed to “industrialize with dignity and sovereignty,” promising that raw #Lithium would not be exploited by foreign corporations but instead processed by state-controlled entities in Bolivia and transformed into batteries. Morales once said he wanted to see “a lithium-powered #Toyota made in Bolivia.”
Read more at: https://www.bloomberg.com/news/features/2018-12-03/bolivia-s-almost-impossible-lithium-dream