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U.S. and Bolivia Forge Agreement on Critical Minerals Investment

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The United States and Bolivia have signed a memorandum of understanding aimed at boosting investment in critical minerals, particularly lithium. This agreement was signed by U.S. Deputy Secretary Caleb Orr and Bolivia's Mining Minister Marco Antonio Calderón de la Barca. Bolivia, which holds significant lithium reserves estimated at 23 million tons, has struggled with low production compared to neighboring countries. The U.S. aims to enhance supply chains for these essential minerals, which are crucial for electronics manufacturing. The Bolivian government has not yet commented on the agreement, but a conference is scheduled for Thursday to discuss initial accountability measures.

Key Details: • Memorandum of understanding signed on Monday. • Bolivia has an estimated 23 million tons of lithium reserves. • Upcoming conference on Thursday by Bolivia's Ministry of Mining and Metallurgy.

investment mining lithium bilateral-agreement us-bolivia

People & Organizations

U.S. Department of StateRodrigo PazBoliviaCaleb OrrMarco Antonio Calderón de la BarcaLuis ArceHéctor CórdovaFundación Jubileo

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