Rosatom’s Company and YLB Expand Cooperation in Lithium Mining and Production in Bolivia
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Rosatom’s Company and YLB Expand Cooperation in Lithium Mining and Production in Bolivia

Rosatom’s Company and YLB Expand Cooperation in Lithium Mining and Production in Bolivia

Press release

In La Pas, Bolivia, in the presence of President of the Plurinational State of Bolivia Luis Arce, Uranium One Group JSC (an entity of the Rosatom State Atomic Energy Corporation) and state Bolivian company YLB (Yacimientos de Litio Bolivianos) signed an agreement on the construction of a pilot installation for lithium carbonate production in the Uyuni Salt Pan in the Potosí Department.

The signing of the agreement indicates the interest of YLB in further expansion of cooperation in the lithium field with the Russian partner. The cooperation was launched in June this year by signing a framework agreement on the construction of lithium carbonate mining and production complex on the basis of the Russian sorption extraction technology in another Bolivian salt pan, i.e. salar of Pastos Grandes in the Potosi Department. During this period, a program of geophysical surveys of the salar has been implemented, and a preliminary feasibility study for the project has been developed. Under the scope of cooperation with Tomás Frías Autonomous University, the Russian sorption extraction technology passed laboratory testing, and the results thereof confirmed its high effectiveness in the brines of Bolivian salars.

The signed agreement on the construction of the pilot installation in the Salar de Uyuni also envisages that the Russian direct lithium sorption extraction technology will be applied. The Salar de Uyuni which is located at an elevation of 3,650 m above sea level, spreads at over 10,5 thousand square kilometers and is the world’s largest lithium salt pan. The Uyuni region is remarkable for its high level of industrial development, extensive road network, and energy security. The project suggested by the Russian company envisages that a pilot installation will be launched within two years with subsequent gradual production of up to 14 thousand tons of lithium carbonate per year.

This Agreement signed by Rosatom in the lithium field abroad is another step for Russia to strengthen and build up its ties with friendly states, which in turn are interested in developing trade and industrial relations with our country.

Reference

For reference: Uranium One Group, JSC is an international group of companies within the contour of Rosatom State Atomic Energy Corporation. Today it is one of the world’s largest uranium mining companies with a diversified portfolio of international assets in Kazakhstan, Tanzania, and Namibia.

Aiming at developing the mineral resource base abroad, Uranium One also implements promising non-uranium projects, including those in the field of non-ferrous and rare metals. The company has all necessary technologies and expertise for highly efficient extraction of lithium from brines and production of high-quality lithium products. Lithium extraction technologies are highly efficient and have minimal impact on the environment, water balance, and biocoenosis. As a socially responsible company, Uranium One adheres to the highest standards of environmental protection, employee health and safety, and long-term sustainability of communities in the regions where the company operates. www.uranium1.com.

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