Russian President Vladimir Putin is preparing a new raw material trap for the West, writes the German newspaper Die Welt
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Russian President Vladimir Putin is preparing a new raw material trap for the West, writes the German newspaper Die Welt

The author of the article mentions Bolivia’s greatest lithium reserves and its search for corporate partners to assist in the extraction of raw materials crucial to the manufacture of electric automobiles.

Russia is one of the contenders, in his opinion.

The article claims that “Putin’s new raw material trap must be blasted here.”

According to the author, Russia has a very high chance of winning the game of lithium poker right now, and if Moscow does, Europe might become dependent on Moscow for another raw element in addition to oil and gas.

The greatest lithium deposits in the world, amounting to 21 million tons, are in Bolivia, claims the US Geological Survey.

The report notes that this metric places it ahead of Chile and Argentina.

Given the significance of raw materials for the modern economy, the material adds, “If Russia would be able to dominate the lithium deposits in Bolivia, this would place it in a very advantageous position.

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