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In recent months, the Central Bank of Bolivia (BCB) has executed forward contracts on gold worth nearly $1bn, raising questions about the legal framework, transparency of operations and long-term implications for the economy....
Politicians have long promised the critical metal will rescue the economy but Indigenous locals say the push to exploit vast reserves threatens the ecosystem and their livelihoods• Photographs by Sara Aliaga TiconaGrowing up near Bolivia's Uyuni salt flats, Franz Alí Ramos remembers playing in the high-altitude wetlands near his home during the rainy season. “It was a beautiful recreation area for us and for animals,” he says.Now, the wetlands have given way to cracked, sunbaked earth – a change that Alí Ramos blames on nearby operations by Bolivia's state lithium corporation, Yacimientos de Litio Bolivianos (YLB). The government has recently signed lithium mining contracts with two foreign companies – one Russian and the other Chinese – and residents fear more serious damage is yet to come. Continue reading......
Die südamerikanische Andennation gilt als das lithiumreichste Land der Welt. Und kommt bei der Erschließung des Potentials trotzdem nicht voran. Die Gründe dafür sind vielschichtig....
Auf der Suche nach Lithium für E-Autobatterien wandte sich Deutschland einst an Bolivien – und scheiterte. China und Russland sahen ihre Chance, aber ihnen droht dasselbe Schicksal. Denn indigene Organisationen leisten erbitterten Widerstand....
The effects of the climate crisis and a lack of jobs are driving young people away from the Andean highlands but a long-shunned crop could stem the tideFew young people remain in Bolivia's highland plateau, the Altiplano. The rising frequency and severity of extreme weather events, such as drought and frost, have reduced their economic prospects and migration has accelerated as the environment becomes more unpredictable.“The climate isn't like it used to be,” says Nico Mamani Lima, a farmer and agronomist from Ayo Ayo. Continue reading......
Bolivia announced that discussions on rare earth mineral cooperation with Iran began on March 13 in a meeting with Ambassador Bahram Sharabeddin and representatives from both countries' mining sectors....
Bolivia's new state gold trading firm plans to quadruple purchases this year as a way of boosting reserves of the high-flying metal for the nation's struggling central bank....