Bolivia says China’s CBC to invest $1 billion in lithium plants
The government will take a 51% stake in the project, to be located in the Uyuni salt flat in southwest Bolivia.
Brazil miner Vale SA has halted the tailings operations at the Esperança mine, which it acquired from Ferrous Group last year, according to a statement on Thursday.
Vale cited the need to do a technical evaluation and potentially carry out work to improve safety at the site. The company said Esperança can process about 1.2 million tonnes of iron ore per year.
(By Ana Mano; Editing by Chizu Nomiyama)
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