Contracts being discussed4 Feb 2025 18:19
ISSUES OF ROYALTIES, ENVIRONMENT AND WATER USE ADDRESSED IN TECHNICAL INFORMATION TABLE ON LITHIUM CONTRACTS
Friday, January 31, 2025 - 08:34
ISSUES OF ROYALTIES, ENVIRONMENT AND WATER USE ADDRESSED IN TECHNICAL INFORMATION TABLE ON LITHIUM CONTRACTS
The first technical information table on lithium contracts installed by Yacimientos de Litio Bolivianos (YLB), in coordination with the Potosinista Civic Committee (Comcipo), this Friday, in the city of Potosí, focused the dialogue around departmental royalties, the environment and the use of water, reported the legal manager of the state-owned company, Pablo Nina.
"There were strong issues of greater interest, such as water, royalties and we have clarified aspects about the processes of construction of the plants, technology, the transfer of know-how (Knowledge), those were the main points that have been touched on during the course of the day," he said.
The authority explained that lithium contracts do not specify the royalty percentage, but rather they are in accordance with the provisions of current regulations and if there is a new rule that changes that percentage, these will be adequate.
Likewise, the state-owned company reported on the activities contained in the contracts for the control of environmental impact, which are in line with the Environmental Law, and that during the useful life of the projects less than 2% of the lithium resources of the Salar de Uyuni will be used.
He also emphasized that the Direct Lithium Extraction (EDL) technology, which will be applied to future industrial lithium carbonate plants, optimizes the use of water, since it uses a recycle process.
The first technical information table was attended by professionals from the mining area of the Government of Potosí, the Tomás Frías Autonomous University and the Society of Engineers of Bolivia (SIB), among others, as well as personnel from the legal, environmental, geology and research areas of YLB.
"It was very interesting to exchange criteria with YLB to learn about the contracts, to clarify some doubts. The main issue was water management, we have seen that it will not be neglected during the process of operation of the projects," said Jaime Claros, a consultant in the lithium area.
Among the conclusions, it was agreed to install other technical tables, on the socioeconomic aspects of the contracts and on geology, where YLB will present on the hydrogeological studies carried out in the basins of the area of influence of the projects.
"We believe that we have to break the mythical barrier, because we have begun to talk about mixing technical issues with the political and the only thing we achieve is to keep people in convenient ignorance, but it is time to work in a single position, depoliticize the industrial issue and elucidate the doubts and queries we have about these contracts," said the president of Comcipo, Edgar Borth.