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Bolivia eyes lithium mining investment from Brazil's Petrobras

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Brazil's state-run oil giant Petrobras has expressed interest in investing in Bolivia's lithium-rich salt flats for industrial-scale projects, according to the country's top energy official.

has signaled interest in possibly investing in Bolivia's lithium-rich salt flats with an eye toward industrial-scale projects, the country's top energy official said on Tuesday.

" is showing an interest in this country that's migrating toward electric vehicles and the production of batteries," he added, emphasizing that Bolivia's government is keen to advance on lithium. It described the meeting as focused on evaluating "potential alliances and joint projects" in oil and gas, fertilizers, as well as "energy transition" projects, which is sometimes used to describe those involving key battery metals like lithium.

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