YLB aims to position Bolivia as a leading global supplier of lithium, with an ambitious goal of exporting 50,000 tonnes of lithium carbonate equivalent annually. State-owned lithium company YLB and a Chinese consortium are building a pilot plant at the salt flat, which will use DLE technology.
Bolivia aims to develop plants in seven of its 28 salt flats. (Image courtesy of YLB.) Bolivia state-owned Yacimientos de Litio Boliviano (YLB) has shortlisted four companies to advance into the next phase of a bid to develop pilot lithium extraction plants in the country’s salt flats.
CBC will use its advanced technology and expertise to execute this project, positioning Bolivia as a key player in the global lithium battery industry chain,” he said. Since 2021, Bolivia’s YLB has worked on the exploration and quantification of lithium, reaching a record 23 million metric tons.
The agreement signed this week formalizes a previous one dated January 2023, which Bolivia had negotiated with CBC. A subsidiary of the Chinese firm CATL, Bolivia’s Arce has previously referred to it as “the number one [entity] in the world in the production of lithium batteries.”
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