If Not Now, When? Europe’s Lithium Opportunity in Bolivia
Europe needs lithium for its energy transition and electric mobility. But its dependence on China for critical raw materials and processing has become a growing strategic vulnerability.
Bolivia could offer an alternative. Following a major political shift, the country is opening up to new international partners, creating an opportunity for Germany and Europe to strengthen their access to one of the world’s most important lithium resources.
But securing raw materials is only part of the challenge. Can Europe compete with China’s speed and investment power while offering greater transparency, local participation and long-term economic development? And can new partnerships also...