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PHOTO CAPTION: Iranina President Mahmoud Ahmadinejad (left) with Bolivian President Evo Morales.

Iran 'Partners' with Bolivia in Lithium Resource Development

Stung by past Western exploitation of their resources, the two countries find areas of common interest.

Published: 04-Nov-2010

Morales made the announcement on the completion of a three-day official visit to Tehran, where the governments of Bolivia and Iran reaffirmed a political and economic alliance, along with several cooperation agreements, according to state news agency ABI.

“Bolivia is aware of the broad scientific knowledge of Iran, to be partner country in the industrialization of lithium,” Morales said in a joint press conference with his Iranian counterpart Mahmoud Ahmadinejad, the agency said.

It was not explained whether the alliance with Iran to industrialize the lithium metal considered key to the industry of electric cars, left side definitely other possible partners such as the Japanese companies Mitsubishi and Sumitomo, the French Bolloré Kores and South Korea, and the governments of Brazil and Venezuela, among others.

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