Bolivian president ties coup attempt to nation’s lithium interests

A significant political crisis unfolded in Bolivia last week as soldiers led by Army Commander General Juan José Zúñiga rammed armored vehicles into the Bolivian government palace, calling to 'restore democracy and free political prisoners.' President Luis Arce rebuked Zúñiga in front of reporters, describing the incident as a failed coup attempt. However, former President Evo Morales and other individuals have referred to it as a 'self-coup' designed to strengthen Arce's position. The dispute echoes Morales' claims that previous unrest stemmed from US interests in the Bolivian lithium sector. Bolivia holds approximately 23% of global lithium reserves and is pursuing industrialization through technologies like direct lithium extraction (EDL) and evaporation methods. Several foreign companies have shown interest in Bolivia's lithium sector.

Source:

https://www.pv-magazine.com/2024/07/04/what-does-lithium-have-to-do-with-the-coup-self-coup-in-bolivia/

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