Story perspectives

Bolivia's President Reviews Controversial Lithium Deal with Russia

1/7/2026

Summary

Story summary

Bolivia's president R. Paz will review the lithium deal with Russia's Uranium One Group at Salar de Uyuni.
The contract signed on September 11, 2024 remains unratified by parliament and faces political, environmental, and legal challenges.
The administration seeks greater transparency and cooperation with the United States while maintaining ties with Russia.
Local authorities and communities demand better terms and environmental assessments, and uncertainty could affect Russia's access to lithium.

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Story summary

Bolivia's president R. Paz will review the lithium deal with Russia's Uranium One Group at Salar de Uyuni.
The contract signed on September 11, 2024 remains unratified by parliament and faces political, environmental, and legal challenges.
The administration seeks greater transparency and cooperation with the United States while maintaining ties with Russia.
Local authorities and communities demand better terms and environmental assessments, and uncertainty could affect Russia's access to lithium.