IBOV 171,336.99 ▼ 0.52% IPC MEX 71,564.96 ▼ 0.42% MERVAL 2,848,945 — — USD/BRL5.58▲ 1.35% USD/MXN18.59▲ 0.32% USD/CLP983.69▲ 1.70% USD/COP3,297▲ 5.67% USD/PEN3.41▲ 0.16% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 1.99% USD/BOB11.68▲ 0.19% USD/DOP60.46▲ 2.41% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 3.05% USD/NIO36.62▲ 2.53% USD/VES899.36▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.36% USD/TTD6.72▲ 2.10% EUR/BRL6.23▲ 1.69% BRENT 92.10 ▼ 0.51% WTI 86.40 ▼ 0.52% IRON ORE 161.91 — — COPPER 6.30 ▼ 0.44% GOLD 4,041 ▼ 1.79% SILVER 51.81 ▼ 1.43% SOY 1,230 ▲ 4.02% CORN 450.50 ▲ 2.56% WHEAT 593.75 ▲ 0.98% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 24.40 ▼ 12.86% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,564.96 ▼ 0.42% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.35% USD/MXN 18.59 ▲ 0.33% USD/CLP 983.69 ▲ 1.70% USD/COP 3,297 ▲ 5.67% USD/PEN 3.41 ▼ 0.06% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.52% USD/PYG 6,196 ▲ 1.99% USD/BOB 11.68 ▲ 0.19% USD/DOP 60.46 ▲ 2.41% USD/CRC 445.62 ▲ 1.24% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 3.05% USD/NIO 36.62 ▲ 2.53% USD/VES 899.36 ▲ 0.14% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.23 ▲ 1.66% BRENT 92.10 ▼ 0.51% WTI 86.40 ▼ 0.52% IRON ORE 161.91 — — COPPER 6.30 ▼ 0.44% GOLD 4,041 ▼ 1.79% SILVER 51.81 ▼ 1.43% SOY 1,230 ▲ 4.02% CORN 450.50 ▲ 2.56% WHEAT 593.75 ▲ 0.98% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 24.40 ▼ 12.86% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
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Wednesday, November 11, 2026

Latin America Bolivia

Racing for Lithium in Bolivia: Growing Riches, Shrinking Water

By · · 2 min read

Bolivia sits on a giant lithium reserve under the Uyuni salt flat—worth billions for the electric car industry. According to the U.S. Geological Survey, the country holds over 20% of known global lithium.

The government wants to cash in, signing billion-dollar deals with Russian and Chinese companies to mine and export large quantities each year. Extracting lithium is water-intensive.

Experts from Bolivian research institutes report new lithium plants could use up to 47.5 million cubic meters of water a year, over 15 times what rains down locally. This threatens the water supply relied on by about 14,000 Quechua and Aymara people living nearby.

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For these communities, water sustains both farming and livestock; most get their water from wells, rivers, and rain. Farmers say the local wells have already shown drops in both quantity and quality since lithium drilling began.

The Bolivian government says its new extraction technology will save water, but international studies and recent evidence argue it could do the opposite.

Racing for Lithium in Bolivia: Growing Riches, Shrinking Water
Racing for Lithium in Bolivia: Growing Riches, Shrinking Water.
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Lithium Mining in Bolivia Faces Legal and Environmental Challenges

Critically, these development plans went forward without prior talks with local villagers, despite national laws and global treaties requiring such consultation before major projects on Indigenous lands.

Protests and pressure from the region forced local courts to halt new extraction deals until proper environmental studies and real community talks take place.

Argentina and Chile have already seen similar projects hurt local water and wildlife. There, one ton of lithium mining usually uses nearly two million liters of water. Bolivia may earn big from the world’s hunger for electric cars, but the price could be steep.

If mining drains local water, the communities living on these lands will pay first and hardest. Profits depend on balancing business with the survival of the people and land that make lithium mining possible.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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