Industry

Lithium industrialization requires $2 to $3 bn, democracy and legal security

The project of the industrialization of the lithium offering favourable conditions to the investors, it is indispensable to guarantee the democracy and the legal security so that the investor can recover his capital from 2 to 3 billion dollars in a period of 10 to 20 years. The amount of lithium concentrated in the Uyuni, Coipasa and Pastos Grande’s salt flats amounts to approximately 21 million tons, however, for every gram of lithium, there are 19.2 grams of magnesium, making evaporation require further procedures. The ideal is a ratio equal to one.

Source: Los Tiempos

Categories:Industry