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Bolivia, Argentina and Chile are making progress in the creation of a “lithium OPEC”

RIO DE JANEIRO, BRAZIL - The governments of Argentina, Bolivia, and Chile are maintaining contact with the idea of creating a lithium cartel for the South American area. This idea has been reinforced by the recent victory of the socialist Gabriel Boric in Chile, who could resume diplomatic relations with Bolivia, which are currently broken, and the support of the Chinese government.

WHITE OIL

World demand for lithium is at historical highs and will continue to rise in the coming decades. Bolivia has the largest reserves globally, with 21 million tons. It is followed by Argentina's 14.8 million tons . . .

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