Iran is calling for the expansion of ties with Bolivia, the Iranian Minister of Industries and Mines, Ali Akbar Mehrabian, visited the Latin American country and expressed his wish to develop business relations. In a joint press release, Bolivia's President, Evo Morales, went further: he expressed his appreciation for Iranian resistance against the US; criticized the international community over the "double-standard policies" of Western states, and said his country will remain beside Iran and against the "unilateral" policies of the US. ...Bolivia also fails to develop some of its most important mineral resources --- especially lithium. Half the world's reserves of lithium are buried in the Salar de Uyuni plain. What lies beneath the surface there could turn Bolivia --one of South America's poorest countries -- into the Saudi Arabia of the 21st century. As rechargeable lithium-ion batteries are vastly superior to nickel-based batteries, lithium is the oil of green technology. The Salar de Uyuni is the latest and greatest discovery in the "Lithium Triangle": 16,000 square miles straddling northern Argentina, Chile, and southern Bolivia, where an estimated 75-90% of the world's lithium deposits are located. So far, Chile's Salar de Atacama has been the largest source and the best exploited—particularly by the Chinese, who imported 4,300 tons of it in 2008. But Bolivia cannot exploit its lithium without foreign investment and expertise, and its main competitors have the jump on it. Chile and Argentina already account for more than half the world's 27,400 metric tons of annual lithium production.
via hudson-ny.orgThis isn't good