Bolivia will find it difficult to develop its lithium industry

The Bolivian government is eager to transform Bolivia into a global manufacturer of  rechargeable batteries used in electric cars. But the country needs help from the few foreign companies willing to take the risk. ACI Systems Alemania GmbH recently signed an agreement with Bolivia to build a $250 million lithium operation by 2021, yet it has no prior mining … Continue reading Bolivia will find it difficult to develop its lithium industry

Bolivia has an unequal relationship with China, says CEDLA expert

CEDLA specialist, Silvia Molina, warns about the increasingly unequal bilateral relationship with China. According to Molina, the Chinese financial presence in the country weakens Bolivian institutions and the national legal framework, in addition to causing restrictions on the state's vigilance and control of its own actions and reducing its presence in key sectors that have … Continue reading Bolivia has an unequal relationship with China, says CEDLA expert

The Chilean economy is expected to grow by 4% in 2018

The Chilean economy grew by 4.2% in October, compared to the same month last year, driven by trade and manufacturing. Importantly this was achieved despite a sharp drop in the mining industry, reported the Central Bank. Meanwhile, this Wednesday the monetary authority published its Monetary Policy Report in December, which estimated a growth of 4% … Continue reading The Chilean economy is expected to grow by 4% in 2018

YPFB could pay up to $ 100mn to an Italian firm specialised in smart meters

YPFB signed a Memorandum of Understanding (MOU) on September 28, 2018 with the Italian firm Pietro Fiorentini SPA for the provision of 100 smart meters for a pilot test in El Alto. This contract involving the replacement of current meters would represent an expense for YPFB of around 100 million dollars. Read more Source: Pagina … Continue reading YPFB could pay up to $ 100mn to an Italian firm specialised in smart meters