Lithium Is Like a Beautiful Lady
Question: How will the increasing demand for lithium affect Bolivia's economy in the coming years?
Evo Morales: Lithium is like a beautiful lady, very much sought and pursued, especially in Bolivia. There is data indicating Bolivia has the largest reserves of lithium in the world.
Our policy is clear: that the state takes advantage of this natural resource, giving added value. But if the state has no capacity to invest in lithium, it will look for partners—not owners of lithium. The best partners would be national firms. But if we can't find a national company that we can partner with to industrialize lithium, private companies will enter the market.
We welcome private investment, but any company or national firm will be a partner of a venture where the result will go mainly to the Bolivian people. Of course, any investor is entitled to recover their investment and take profits. But be assured that these new functions with our partners will also be reinvested in our country for the benefit of the Bolivian people. The idea, as the central theme, is that any exploitation of lithium needs to be done in a way that respects the environment.
Recorded September 22, 2010
Interviewed by David Hirschman
The element—like an attractive woman—is very much in demand in Bolivia. Unless the government finds a national company it can partner with to industrialize lithium, private companies will soon enter the market.
Swipe right to make the connections that could change your career.
Swipe right. Match. Meet over coffee or set up a call.
No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.
A completely unexpected discovery beneath the ice.
- Scientists find remains of a tardigrade and crustaceans in a deep, frozen Antarctic lake.
- The creatures' origin is unknown, and further study is ongoing.
- Biology speaks up about Antarctica's history.
Jeff Bezos, the founder of Amazon.com, explains his plan for success.
- Jeff Bezos had a clear vision for Amazon.com from the start.
- He was inspired by a statistic he learned while working at a hedge fund: In the '90s, web usage was growing at 2,300% a year.
- Bezos explains why books, in particular, make for a perfect item to sell on the internet.
It's one factor that can help explain the religiosity gap.
- Sociologists have long observed a gap between the religiosity of men and women.
- A recent study used data from several national surveys to compare religiosity, risk-taking preferences and demographic information among more than 20,000 American adolescents.
- The results suggest that risk-taking preferences might partly explain the gender differences in religiosity.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.