The European Commission has approved a second project under EU state aid rules to support research and innovation in the battery value chain. Several German companies will benefit from this, but also Tesla.
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In the Potosi region of Bolivia, the deal between privately owned German company ACI Systems and the state-owned Bolivian company Yacimientos de Litio Bolivianos (YLB ) has been annulled by the cabinet of ministers of President Evo Morales.
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For the first time, a German company gains direct access to lithium and literally tons of it. After Bolivia reportedly appointed a German consortium as a strategic partner for the industrialisation of the county’s vast lithium deposits, the contract has been signed and production rates specified.
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Bolivia’s state-owned lithium minier Yacimientos de Litio Bolivianos (YLB) has selected the German company ACI Systems as a strategic partner to industrialise the lithium deposit of Salar de Uyuni, the country’s vast salt lake. This bears its own problems for extraction.
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