As Others Snub Bolivia's Lithium, Will Morales' Gamble on Germany Pay Off?
As Others Snub Bolivia's Lithium, Will Morales' Gamble on Germany Pay Off?
By
Frederick Clayton
Ahead of next year's election, criticism surrounds Evo Morales' efforts to take advantage of a global energy trend.
President Evo Morales wants Bolivia to become the Saudi Arabia of lithium, setting the global price for the mineral. It could happen – the country has one of the world’s largest untapped reserves of the strategic commodity, which is required for the batteries that power cell phones, electric cars and more.
The timing is also right: As many nations...
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