Are lithium contracts profitable? | ¿Son rentables los contratos del litio?

By Francesco Zaratti: The profitability of the contracts that “Yacimientos de Litio Bolivianos” (YLB) intends to sign with the Russian company Uranium and the Chinese consortium CBC is their real Achilles heel. The expenses of the project are determined by each company’s investments and operating costs, so that, to justify the profitability of these contracts,…

Foundations question lithium contracts, call them inconsistent, and urge the Legislature for a “thorough analysis” | Fundaciones observan contratos del litio, afirman que son incongruentes y piden al Legislativo un “análisis exhaustivo”

By Fernando Chávez, Visión 360: The technical and financial clauses of the contracts favor the companies Uranium and CBC, according to the analysis. A lithium industrialization plant. Photo: YLB The Jubileo, Milenio, and Solón foundations, along with the Geneva Club (CDG) and the Bolivia Documentation and Information Center (Cedib), have raised a series of concerns…

YPFB buys diesel with an alleged overprice of more than $7.5 million | YPFB compra diésel con más de $us 7,5 millones de supuesto sobreprecio

By Brújula Digital: YARBEL SA has no website or social media presence, according to an internet search, and only appears in a business directory. With a one-week difference, YPFB awarded diesel purchases to two companies at more than double the price per cubic meter, according to awarding documents obtained by Brújula Digital. The company that…

Ingenuamente, el presidente boliviano Luis Arce celebró la firma del contrato con entusiasmo | Naively, the Bolivian president Luis Arce welcomed the signing of the contract

Por Joseph Baselice, FirstOnLine: China también compra el Salar de Uyuni y accede al litio boliviano Pekín está invirtiendo más de $1.000 millones en dos fábricas que se construirán en el mayor (y más alto) salar del mundo, en los Andes: extraerá 35 toneladas de litio por año China lleva años colonizando la mitad del…