SME Times is powered by   
Search News
Just in:   • Maran lays foundation stone of ATDC at Chhindwara  • Public Private Partnership to promote tourism  • FDI increased by 56 percent in Oct: Anand Sharma  • United Bank IPO to hit market by February  • UP gets Rs.1,400-cr investments in MSME sector 
Last updated: 29 Oct, 2009  

Battery.9.Thmb.jpg Bolivia to produce electric-car batteries

battery.9.jpg
EFE | 29 Oct, 2009
Bolivia is planning to begin the production of lithium batteries for electric cars by 2018, Deputy Minister of Science and Technology Roger Carvajal said in La Paz, according to a report.

Carvajal said that President Evo Morales' government has settled on a basic strategy for exploiting the vast lithium deposits in the Uyuni Salt Flats.

He discussed the plan on the eve of an international forum in La Paz on the industrialisation of lithium, the report added Wednesday.

The US Geological Survey says that Uyuni, a 10,500 sq km expanse in southwestern Bolivia some 3,656 metres above sea level, holds roughly half of the world's 11 million tonnes of lithium reserves.

Morales will inaugurate the forum Thursday before travelling to Uyuni to inspect the construction of a pilot plant which will produce lithium carbonate, the main ingredient of rechargeable batteries used in laptops, cell phones, iPods and digital cameras, the report said.

Carvajal said that the plan also includes the production of lithium carbonate on a commercial scale in 2013.

While Chile, Argentina and China already produce lithium carbonate, their cumulative output is insufficient to meet the global demand and Bolivia hopes to fill that gap.

The report added that Morales' administration is asking the foreign companies vying for access to the Uyuni deposits to forge partnership with the government to produce electric-car batteries and also build a electric-car factory in Bolivia.

Among such companies that have expressed interest are France's Bollore, Japan's Sumitomo and Mitsubishi and South Korea's Kores and LG.

These firms have agreed to join Bolivian professionals on a scientific advisory committee that is studying Bolivia's lithium potential. 
 
Print the Page Add to Favorite
 

Share your opinion about this story

  Top Stories
» FDI increased by 56 percent in Oct: Anand Sharma
» UP gets Rs.1,400-cr investments in MSME sector
» KVIC to employ 145 lakh in 11th five year plan: Minister
» 'Increasing coir fibre exports hit domestic production'
» India could grow 8-9 pc in 2 years: World Bank
 
Commented Stories
» SBI's centralised SME loan process to ensure better loan processing(2)
» Promote 'Made in India' brand, Maran tells textile sector(1)
» 'SMEs must take advantages of e-marketing'(1)
» KVIC, states should speed up payment of rebate on khadi: Minister(1)
» Ban on cotton exports - justified?(1)
  Customs Exchange Rates
Currency Import Export
US Dollar
46.75
45.85
UK Pound
77.95
76.00
Euro
70.35
68.55
Japanese Yen 53.20 51.70
As on 06 Dec, 2009
  Daily Poll
Do you agree India will be able to maintain the growth momentum in the next two quarters?
 Yes
 No
 Can't say
 
 
 
 
About Us  |  Contact Us  |  Feedback |  Success Stories |  Tradeindia in News  |  Get Listed | 
Sitemap  |  Terms of Use |  Useful Links |  Trade Bodies