Thursday, December 14, 2017

Salar de Uyuni

Bolivia’s Salar de Uyuni is the world’s largest potential source of lithium, although it is not currently producing. Uyuni has a total surface area of 9,000 to 10,500 km2 and contains a layer of halite with interstitial brine that is enriched in lithium, potassium, magnesium, and boron. Concentrations of lithium in this brine are reported in the literature range from 80 ppm to 4,700 ppm. COMIBOL has drilled two test holes, which identified 11 salt-brine layers separated by clay layers totalling 170 meters in thickness. Further evaluation is needed to determine the extent of these separate horizons that could produce lithium economically. A pilot mining and processing project was started in May 2008. Recent estimates for Uyuni’s lithium resources range from 0.6 to 9.0 Mt. Tahil’s estimate is the most conservative, at 0.6 Mt, whereas estimates by Anstett el al, Garrett, Clarke and Harben, Yaksic and Tilton,and Evans (2008), are between 5 and 5.5Mt. Evans (2009) and Risacher and Fritz round out the top end of the range, at 8.9 to 9 Mt.
President Evo Morales said in October 2017 that Bolivia will invest as much as $200 million to develop the Andean nation's lithium deposits and that La Paz would welcome private partners in the effort as long as they accept the government's claim to 60 percent of the revenues. At a news conference with international media, Morales referred to expressions of interest from Japan's Mitsubishi and Sumitomo, South Korean conglomerate LG and France's Bollore.