How will Bolivia manage its lithium?

Will American companies have direct access to Bolivian lithium. If not, will the US face a competitive disadvantage in hybrid and EV pricing?All about the lithium

South Korean state-run Korea Resources Corporation (KORES) is working hard in Bolivia to gain access to the country’s large supplies of lithium, as are many other companies.

With hybrid cars and other electric vehicles on a path to capture as much as 25 percent of the world’s automarket by 2025, Bolivian lithium appears ever more important.

But, Bolivia is playing their lithium card carefully, searching for quality partners to help Bolivia get the most of its natural resources.

“We need investments,’ and ‘companies who respect Bolivian regulations… who don’t come to play politics’ or ‘conspire against the government,’ said Bolivian President Evo Morales recently.

Does that already leave America out of the mix? If so, would that provide another competitive advantage to non-American automakers?

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