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.


Soybean production reached 1.97 million tons, with no agreement on price

The soybean harvest reached 1.97 mn tons of soybeans, on an extension of 1.02 mn hectares, obtaining a yield of 1.9 tons per cultivated hectare. The industry reached an agreement on the payment of the grain with the producers, between $250 and $260 per tone. Planting projections for the winter season are 335,000 hectares of soybean, 110,000 hectares of wheat, 130,000 hectares of sunflower, 90,000 hectares of corn and 450,000 hectares of sorghum. The productive sector of Santa Cruz proposed to the Government to create rules to be able to reprogram short and long term credits, suggesting periods of up to 12 years.

Brazil decreases gas imports from Bolivia to 11.4 MMm3d

Since February 9 of this year, Petrobras has started importing liquefied natural gas (LNG) from overseas markets and has significantly reduced its demand for Bolivian energy. Even though the price of Bolivian gas exported to Brazil fell in the second quarter to $4.58 per million BTUs, it is still higher than LNG, which costs less than $2 per million BTUs. In April Petrobras imported an average of 10.6 MMm3d of Bolivian gas and an average of 5.6 MMm3d of LNG. In May, it introduced an average of 11.4 MMm3d of Bolivian gas and 5.7 MMm3d of LNG.