Further north in the Andes, the world’s largest identified lithium resources, 21 million tonnes, are in Bolivia, Besides dominating the downstream, China has also taken the lead in making sure it has access to the sometimes called “the Saudi Arabia of Lithium.”3 But unlike Chile and Argentina, the commercial potential lithium supplies it needs to build the batteries. [...] a unique opportunity to Figure 2: Lithium Resources in the Lithium Triangle (2022) reclaim its leadership in the region, where production of the metal is expected to expand beyond the Lithium Triangle frontiers in the near future. [...] A By some estimates, world demand hard-rock lithium project in Brazil –Grota de Cirilo-- operated by for lithium is expected to increase Sigma Lithium is well advanced, and the country is expected fortyfold by 2040, mainly for use in to become a significant producer in the near future.7 In Peru, EVs and batteries for renewable American Lithium is in the process of obtaining the necessary energy st. [...] The last time China’s demand for the region’s commodities increased, in what analysts call the “China Chinese Political Overtures in the Lithium Triangle and a “distracted” Boom,” the region failed to take advantage of the good fortune to invest in long-term sustainable growth.30 U. [...] The most promising technique is Chile direct lithium extraction (DLE), where lithium is separated from the brine and then the brine is returned to the China Chile Portugal reservoir.10 DLE is not a single technology, but rather an approach that uses a variety of different solvents and 1.9k Brazil Rest of World China techniques to separate the lithium from the brine.11 The process could be less cos.
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