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Bolivia and Brazil move towards cooperation in lithium development

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La Paz, Oct 22 (Prensa Latina) Bolivia and Brazil today analyze an agenda on financing the exploration of phosphate resources and the construction of new urea and potassium chloride plants to boost fertilizer production.

The day before, a high-level commission from the Petrobras corporation visited the Potassium Chloride Industrial Plant in the town of Llipi, in Uyuni, department of Potosí, where the Industrial Complex of the state-owned Yacimientos de Litio Bolivianos (YLB) is located.

“We came to learn how Bolivia is exploring and exploiting those very important resources it has and to learn a little from the Bolivian experience,” said the institutional relations manager of the Brazilian firm, Joao Madruga, according to an institutional report by YLB. He stressed that “of course”, they look at the possibilities of cooperation in the future.

When referring to the topic, the Minister Counselor of the Brazilian Embassy in Bolivia, Joao Montenegro, a member of the delegation, highlighted the importance of the visit with a view to future collaboration between the two countries.

The stay is part of the bilateral agenda to address issues related to fertilizers, lithium, exploration and exploitation of hydrocarbons, renewable energies and liquefied natural gas.

Authorities from the Bolivian Ministry of Hydrocarbons and representatives of public companies in the sector began a new round of negotiations this Friday in Santa Cruz with a mission from Petrobras.

Carlos Fávaro, Minister of Agriculture, Livestock and Supplies of the South American giant, assured at the beginning of this month on his Facebook account that his meeting with the Bolivian heads of Hydrocarbons, Franklin Molina, and of Rural Development and Lands, Remy González.

“We took another step in the preparation of a bilateral agreement to resume commercial, technological and institutional relations between Brazil and Bolivia,” he stated in his account on that social network, at the end of talks in Brasilia.

Two meetings occurred in that capital. In the first, the Bolivian ministers met with authorities from the Mines and Energy portfolio, as well as with representatives of the sector, where they addressed issues related to fertilizers, lithium, gas and electricity exploration.

The second meeting was with Fávaro to address projects related to the potassium chloride plants in Coipasa (Oruro) and Uyuni (Potosí), the financing of a second urea plant in Puerto Quijarro, Santa Cruz, and another in Cuyabá, in the Brazilian side, and the prospecting for phosphate resources in Bolivian territory.

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