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CATL signs an agreement with Bolivia in a Copernican twist. hashtag#chile, hashtag#argentina, hashtag#bolvia, hashtag#oscarvargasvillazon, January 19, 2024. The Chinese company Contemporary Amperex Technology (CATL), which leads the Chinese consortium CBC, and YLB of Bolivia, signed this Wednesday, January 17, an agreement that is not a contract since it is only a pilot testing phase of the use of EDL (Direct Lithium Extraction) technologies, which contemplates an investment of US$90 million.

The Chinese association CATL, BRUNP & CMOC (CBC) is made up of three companies, the most important being CATL, which is the world's largest producer of batteries, having 40% of the global battery market segment.

This is the second agreement signed by YLB with partners who were chosen since the April 2021 call, an international call focused on Direct Lithium Extraction (EDL) was held.

The objective of this call was to "establish criteria to evaluate companies that have experience and technology, suitable to adapt to the brines of the Uyuni, Coipasa and Pastos Grandes salt flats.

Following the issuance of the call, YLB received 20 proposals for Direct Lithium Extraction. Of these, 8 companies passed the qualification filter to carry out pilot extraction tests, including ENERGYX, LILAC SOLUTIONS, CATL BRUNP &CMOC, CITIC GUOAN/CRIG, FUSION ENERTECH, TBEA GROUP, URANIUM ONE GROUP, TECPETROL.

Two years after the call, framework agreements were signed with three companies: CBC, CITIC (both Chinese) and Uranium One (Russian).

The non-contract agreement signed with CATL makes possible the construction of a Pilot Plant in Uyuni.

EDL technology is made up of different processes, in which most use them in a complementary way in several phases: a pilot phase, then a demo and if it is successful it moves on to the commercial phase

The initial capacity will be 2,500 tonnes per year of lithium carbonate with the projection to a second industry of up to 25,000 tonnes per year.

The document is valid for two years, during which time CBC will install the plant to carry out its pilot tests and will design an industrial plant in the Salar de Uyuni with an investment of $us 90 million.

Yacimientos de Litio Bolivianos (YLB) explained that these are projects in the pilot phase that do not involve direct expenditure by the State, when contracts are signed in the industrialization phase, these will be made known to the Plurinational Legislative Assembly, for approval, as it is a pilot phase of studies it does not directly involve an issue of spending by the State.
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