Wednesday, June 7, 2023

Geopolitical Monitor: "This Machine Runs on Water: Lithium in Latin America"

 

"This Machine Runs on Water: Lithium in Latin America"

Wilder Alejandro Sanchez

Situation Report

Geopolitical Monitor

7 June, 2023

Originally published: https://www.geopoliticalmonitor.com/this-machine-runs-on-water-lithium-in-latin-america/

Lithium is the next big mining boom given that the mineral can be utilized for lithium batteries which are currently, and for the foreseeable future, in high demand as the world craves green energy. South America has the world’s largest lithium deposits, among other critical and rare minerals, with Argentina, Bolivia, and Chile forming the so-called Lithium Triangle and neighboring Peru looking to export lithium and locally-made lithium batteries sometime this decade. (I have discussed lithium deposits in ArgentinaBolivia, and Peru in previous analyses for Geopolitical Monitor). One vital issue to remember though, lithium’s dirty little secret, is the water usage and water pollution involved in the extraction process.

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