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In response to
"Electric was always the car plan, the bigs were just waiting on batteries. He was early but GE has been heavy on battery tech. "
by
colin
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lithium didn’t destabilise Bolivia. It’s a narrative that doesn’t make any sense, but Morales is pushing anyway.
Posted by
mafic
Oct 9 '22, 05:39
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The whole thing about Bolivia setting the global price of lithium is nonsense. Resources are too widely distributed for that to be possible, and a huge chunk of Bolivia’s is metallurgically tricky and difficult to extract (which was a big pet of the reason they’ve been struggling to get off the ground). They’ll probably always produce at a higher price than Australia, Chile, or Argentina. Plus the companies that are moving into Bolivia post-coup are still mostly Chinese. Even the giant miners don’t have the clout to pull off a coup, and they’re all Anglo-Australian, don’t really get in to lithium, and really don’t want to piss off the Chinese.
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