Korea, Bolivia set up joint lithium development venture

Source: Korea Times

07-07-2012 16:21
Korea, Bolivia set up joint lithium development venture

SAO PAULO (Yonhap) --Korea's state-run mineral development corporation set up a joint venture with its Bolivian counterpart to develop lithium products in the South American country, sources said Friday.

Seoul's embassy in La Paz said POSCO, Korea's leading steelmaker, and a consortium led by Korea Resources Corp. (KORES), signed a deal to create a lithium venture with Comibol, Bolivia's mineral development corporation.

~snip~

Under the agreement reached Thursday, the new company will make anodes and cathodes for electric vehicles that will be used on rechargeable batteries made from lithium found in Bolivia.

The country's lithium deposit is estimated to stand at around 5.4 million tons, or half of all known reserves in the world.

Read more: http://www.koreatimes.co.kr/www/news/sports/2012/07/182_114651.html

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2 replies	Author	Time	Post
Korea, Bolivia set up joint lithium development venture (Original post)	Judi Lynn	Jul 2012	OP
It's worth noting that Korea has been working on producing lithium batteries	davidpdx	Jul 2012	#1
I didn't know you could smoke lithium.	L0oniX	Jul 2012	#2

Response to Judi Lynn (Original post)

Sat Jul 7, 2012, 04:10 AM

davidpdx (8,782 posts)

1. It's worth noting that Korea has been working on producing lithium batteries

which last longer for quite a long time. This is one of the areas the country has invested heavily in research.

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Response to Judi Lynn (Original post)

Sun Jul 8, 2012, 02:42 PM

L0oniX (17,343 posts)

2. I didn't know you could smoke lithium.

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