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25.01.2020 23:00:00

Germany Looks To Renew Scrapped Bolivian Lithium Deal

Germany is hoping to engage Bolivia’s next government in talks over a scrapped joint venture deal to develop the South American country’s massive lithium reserves, as members of its car sector struggle to meet electric vehicles production targets due to a supply shortage of battery cells. Both nations signed a lithium partnership in 2018 following three years of intense lobbying from Berlin, which said a small privately-owned company from Germany was a better bet than its Chinese rivals. Bolivia’s state-owned lithium…
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