By Ministry of Hydrocarbons and Energy of Bolivia
This is a machine translation of the original press release issued in Spanish.
A group of investors from a dozen prominent European companies from various segments of the lithium value chain — essential for the manufacture of batteries and sustainable technologies — arrive this week in La Paz, with the purpose of evaluating business opportunities in the development of the industry in the country.
These companies seek to establish strategic connections and collaborations that drive joint development in this key area. For the Ministry of Hydrocarbons and Energy, the presence of these European companies highlights the growing importance of Bolivia in the international lithium panorama and demonstrates its potential for the expansion of the industry.
The arrival of these companies has the support of Team Europe, made up of the European Union and the embassies of the EU member states, in close and coordinated collaboration with the Bolivian Government, which underlines the joint commitment to promote the development of business in the lithium sector.
In line with the vision of the national government, the main objective of the visit is to facilitate private investments that incorporate cutting-edge technologies, maintaining a strong commitment to high quality standards in both the social and environmental fields, in a framework of cooperation and commercial.
The visit itinerary includes a visit to the processing facilities operated by the state company Yacimientos del Litio Boliviano (YLB) in these areas, including the plant complex in Colcha K; the Technological Research Center in La Palca; the Uyuni salt flats, in Potosí; Coipasa and Empexa, in Oruro.
This tour will allow European companies to obtain a detailed understanding of the operations and technologies used in lithium processing, thus consolidating their knowledge of the capabilities and potential developed by the state-owned YLB.
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