Via Upstream Online, a report that Brazil’s Petrobras is eyeing new investments in Guyana, Venezuela and Bolivia: Brazilian state-controlled oil company Petrobras is assessing the possibility of carrying out fresh investments throughout South America. The signalling of a possible to return to regional investments came as Brazilian President Luiz Inacio Lula da Silva this week […]
Read more »Courtesy of Stratfor’s Worldview, a look at the impact of Chile’s decision to nationalize its lithium industry: Increased state control of Chile’s lithium sector may lead to a mechanism for new investment, but higher associated costs could limit investor interest. On April 20, Chilean President Gabriel Boric announced that he would seek to “nationalize the […]
Read more »Via HeatMap, commentary on whether Latin America can really build an OPEC for lithium: In a move that shocked Wall Street, Chilean President Gabriel Boric announced last week that his country will nationalize its lithium industry. “This is the best chance we have at transitioning to a sustainable and developed economy,” Boric said. “We can’t […]
Read more »Via Wilson Center, a report on China’s focus on energy generation and transmission projects in Latin America: For a decade, China’s major electricity companies have been laser focused on energy generation and transmission in Latin America and the Caribbean, a trend accelerated by the departure of Western competitors, including Brazil-based Odebrecht and U.S. and European […]
Read more »Courtesy of The Diplomat, a report on a deal signed last month between Bolivia’s state firm YLB and three Chinese companies for lithium: In late January, Bolivia’s Luis Arce government signed a $1 billion agreement with the Chinese firms CATL, BRUNP, and CMOC (CBC) and the Bolivian state company Yacimientos de Litio Bolivianos (YLB) to explore lithium […]
Read more »Via Nikkei Asia, an article on a Chinese consortium’s plans to develop lithium deposits in Bolivia: The Bolivian government has chosen a Chinese consortium led by battery giant Contemporary Amperex Technology to invest upward of $1 billion to develop untapped lithium deposits, with the ambitious goal of producing lithium batteries in the country by 2025. Bolivia has […]
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