Bolivia plan to invest $US1.4 billion to explore 23 sectors in the country and drill 25 new gas wells on the hope of finding new reserves. The investment will be financed by national and international companies.
The Bolivian government signed a joint venture with the Chinese consortium Xinjiang TBEA Group-Baocheng to industrialised lithium in the country. The joint venture plan to open eight lithium plants in the Coipasa and Pastos Grandes salt flats in Potosi with an investment of $US2.3 bn. The project also aims to open a lithium batteries factory in China.
