Lithium Economics

Afghan lithium?

Jun 15, 2010

In an interview published today (in Spanish)by El Potosi.net, Juan Carlos Zuleta argues that it is highly unlikely that the Afghan lithium may pose a threat to Bolivia

 Lithium economics expert Juan Carlos Zuleta C alderón says that it is premature to talk about the mentioned discovery since in the report there are no data on concentration of lithium or on costs to produce that resource in Afghanistan to conclude whether it is real competition or not for the Salar de Uyuni.   

To Zuleta Calderón, it is necessary to have information free of sensacionalism since this kind of discoveries often times give rise to declarations that do not correspond to reality.   He cited the case of the lithium resources in Zacatecas, Mexico, of which many thought of as the largest on earth, well above those of the Salar de Uyuni, but these versions were never confirmed.

The expert in lithium perceives that behind this information are the United States authorities that pretend to improve their possibilities to access the energy mineral  to the extent that at present they face a hard crisis in this field.   It has been said that Presiden t Barack Obama is trying to overcome an energy crisis that to some extent is a result of wrong decisions made in his administration such as allowing to drill oil wells in the zone where the oil spill occurred which currently represents an ecological danger.

Zuleta suggests not to forget that the US  imports more than 50% of  the energy it consumes , which together with high oil prices, puts that country in a situation of crisis from which it can´t get out.  

Finally, he remarked that Afghanistan possesses similar characteristics to those of Bolivia as far as its orography is concerned, but it is highly unlikely that it could have a deposit, which is larger or with a higher concentration of lithium than that of Salar de Uyuni.

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