Andean Information Network

On October 11, Bolivia’s Mining Minister Jose Pimentel stated that Bolivia plans to start production of lithium carbonate and potassium chloride for export this month, and expects a finalized product by January or February.[i] However, it is unlikely that Bolivia’s lithium carbonate will be available on the international market in the near future. At an [...]

It’s not the first time a respected, established journalist has presented a selective view of events in Bolivia.  In general, Lawrence Wright’s New Yorker article “Lithium Dreams” covers a great deal of territory, but lacks objectivity and thorough research in some areas. Some errors are simple and avoidable, such as misspelling Pablo Solón, Bolivian ambassador [...]

Re-inserting the State Beginning in October 2006, the Morales administration has taken measures to reinsert the state into the mining sector, including the May Day presidential decree giving state institutions such as the mining company, COMIBOL, greater control.  The administration also seeks to increase the state’s share of the earnings in light of skyrocketing prices [...]

President Morales has announced plans to commence a new era in Bolivian mining in 2007. The year 2006 saw the highest mining revenue since 1985 and exports jumped from $346 million in 2005 to over $1 billion in 2006. Increased demand for minerals, in large part c from China and India, has revitalized the Bolivian [...]

Future mining concessions eliminated; pre-existing concessions remain intact While stopping short of fully nationalizing the industry, the decree clearly asserts state control over all mineral wealth in the national territory and continues the process of “recovering control” of Bolivia’s natural resources, a key element of the President’s 2005 electoral platform. However the original interpretation of [...]

Part II:  An Emerging Mining Policy for Bolivia On May 1, 2007, one year after the “nationalization” of the hydrocarbons industry, Bolivian President Evo Morales declared all Bolivian territory a public mining reserve and reasserted state jurisdiction and control over all minerals, metals, precious and semi-precious stones. The state mining company, Bolivian Mining Corporation (COMIBOL) [...]

While stopping short of fully nationalizing the industry, the decree clearly asserts state control over all mineral wealth in the national territory and continues the process of “recovering control” of Bolivia’s natural resources, a key element of the President’s 2005 electoral platform. However, unlike the “nationalization” of the hydrocarbons industry, which enjoyed widespread support throughout [...]