NewsFlash / Cobalt & Lithium / Bolivian Court Halts China-Russia Lithium Mining Deal Over Environmental Concerns
Bolivian Court Halts China-Russia Lithium Mining Deal Over Environmental Concerns
iconJun 6, 2025 18:30
Source:SMM
[Bolivian Court Suspends China-Russia Lithium Deal] The Bolivian court has suspended two lithium ore mining contracts signed with CBC Consortium (including CATL), a Chinese enterprise, and Uranium One Group, a Russian enterprise, involving an amount exceeding $2 billion. These contracts were aimed at developing lithium extraction facilities in the Salar de Uyuni salt flat in Bolivia, one of the world's largest lithium reserve areas. The suspension order was issued by a local court in response to complaints from indigenous groups that the projects violated environmental rights and were undertaken without formal consultation. Currently, the projects have not yet received legislative approval, but preliminary activities have already commenced. The Bolivian government stated that it has not yet received formal notification, and the relevant legislative process will continue to move forward.

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