Yacimientos de Litio Bolivianos and ACI Systems Alemania GmbH’s Agreement for the extraction and industrialisation of lithium from Salar de Uyuni

Moreno Baldivieso and Arnecke Sibeth Dabelstein advised on the transaction

Yacimientos de Litio Bolivianos (YLB) and the German company ACI Systems Alemania GmbH (ACISA), a member of the ACI Group which develops sustainable manufacturing solutions for the photovoltaic, battery and automotive industries, have signed an agreement for the extraction and industrialisation of lithium from Salar de Uyuni.

The partnership guarantees Germany access to the valuable metal at Salar de Uyuni in the Bolivian Andes, the world’s largest known deposit of around ten million tons.

The consortium around ACISA offers state-of-the-art technology, plants and machinery to establish a value-added chain in Bolivia in the mid-term, from extracting the raw material lithium through producing cathode material right up to manufacturing battery systems as end-products.

Moreno Baldivieso advised ACI Systems Alemania GmbH with Andrés Moreno (Picture) and Daniel Arredondo.

In Germany, Arnecke Sibeth Dabelstein advised ACI Systems Alemania GmbH with Anton Maria Ostler and Alexander Feitzinger.

Involved fees earner: Anton Maria Ostler – Arnecke Sibeth Dabelstein; Alexander Feitzinger – Arnecke Sibeth Dabelstein; Daniel Arredondo Zelada – Moreno Baldivieso; Andrés Moreno Gutierrez – Moreno Baldivieso;

Law Firms: Arnecke Sibeth Dabelstein; Moreno Baldivieso;

Clients: ACI Systems Alemania GmbH;

 

Author: Ambrogio Visconti.