South American Trio Talking of OPEC-Style Lithium Cartel

EV World reports that Argentina is promoting the idea of an OPEC-like cartel for itself, Bolivia and Chile.

The market news is quoted as saying,

Together Argentina, Bolivia and Chile control 85 percent of the world’s reserves of lithium, a key component in electric car batteries.

In the near future and with our production at such a high level, Bolivia, Argentina and Chile will control the lithium market.

For the complete market news, click here.