http://latincorrespondent.com/
Bolivia’s lithium dream is nothing new. Generations of politicians have long made hollow declarations about the country’s lithium potential; but is demand finally catching up with the nation’s bountiful supply?
Practically, the compound lithium carbonate is used in small quantities in the manufacture of lithium-ion batteries – common in smart phones and electric cars. As the automotive industry turns increasingly towards electric-powered and hybrid cars, the price of lithium has again been predicted to rise 20 percent by 2017.
It is thought that Bolivia harbors about half of the world’s lithium. However, it is far from certain exactly how much lies below the vast, bleached expanse of the Salar de Uyuni salt flats in the southwest of Bolivia – the largest of their kind in the world.