German manufacturing company ACI Systems has signed a deal to partners with Bolivia's state-owned YLB mining company for the exploitation of lithium, according to a statement posted on ACI's official website.
The deal is a gamechanger as it would give Germany access to 85% of Bolivia's lithium production, in exchange for €300-€400 million greenfield investment. The German government is investing €1 billion into the battery manufacturing industry to significantly boost production in an attempt t...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|