South Korean government to take action to ensure that Bolivia lithium raw materials

South Korean government to ensure that Bolivia's lithium materials into action. April 20, Korea Ministry of Knowledge Economy and the Korea Research Institute of Mineral Resources and the industry with the signing of the "industrialization of Bolivia's lithium-service" contract. This is the second visit to Bolivia last year, Mr Li Xiang De identity of the South Korean presidential envoy and Bolivia signed a "joint development and commercialization of lithium labor Memorandum of Understanding (MOU)", and "set up joint committee for the industrialization of lithium resources and personnel exchanges Memorandum of Understanding ( MOU) "after the follow-up measures.
    Electronic components in the industry, Research Institute and carried out under the charge of the service, the main industrial model of lithium and lithium co-operation strategy. 100 million won of costs will be Minerals, GSCALTEX and POSCO added lithium resources such as industrial enterprises are joint committee (70 million won) and the Ministry of Knowledge Economy (30 million won) a shared responsibility.
    Part 2 of the knowledge economy minister Jinrong He said: "Lithium is the IT and automobile industries have the raw materials, so in order to ensure that the lithium raw material, countries are increasingly intense competition between. In addition to the development of lithium extraction, the taking into account the Bolivian Ministry of Industry introduction of foreign capital holding of a more positive stance, consistent with local conditions to develop the industrialization program is also imminent. "
    Competition, the State's actions have also been active. Japan following the February 2009 and jointly organized by the Government of Bolivia, "Economic Cooperation Symposium", the building is being actively promoted include the geothermal power plant to provide tens of billions of yen loan package, including financial assistance measures. K materials in Bolivia showed great concern in Brazil is also actively take action to ensure that raw materials through extraction of potassium.

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