by Enzo Pellegrin
On March 15, 2018,
Maurizio Stefanini, reporter of an Italian right think-tank,
complained that the huge reserve of Lithium present in Bolivia was
in the hands of the State "and of the bad example" of Evo Morales.
In the same article it
was pointed out that, on the contrary, Chile and Argentina, the
other two Saudi Arabian of Lithium, "had generated a real race for
lithium", as in romantic Yukon era.
In Chile, according to 2016 data, 68,874 metric tons of
carbonate equivalent (cle) were extracted by private companies
Albemarle and Sociedad Química de Minerales de Chile (SGM).
The latter is owned 29
percent by billionaire Julio Ponce Lerou, who ranked 422 on the
Forbes chart of the rich planetary planets, thanks to the Lithium
At that time, Chile had a 33% share of the Lithium world
In 2016, the Argentinean companies FMC Corporation and Orocobre
produced 30,340 tm of cle, reaching a 16 percent share of the world
The article reported the opinion of an alleged expert in the field,
named Joe Lowry, nicknamed in the branch as "Mr. Lithium". According
to Lowry, the mineral mining industry would require large and
adequate investments to achieve discrete extractive values.
The subordinate position of the Argentinean companies was precisely
due to the absence of investment, due to the "conflicts with the
Kirchner", contrasts which would evidently have ceased with the
establishment of the neoliberal government of Macri.
The global capital wants to put its hands on lithium, a strategic
element for the production of batteries, not only for the mobile
phone market, but especially for the new business of electric car
Price indexes of Lithium Carbonate,
Oxide and Cobalt
In recent years, the "lithium rush" has generated a significant
increase in prices of mineral, and, consequently, in the profits of
The price of lithium, in
the form of carbonate, in 2015 was around 5 euro/kg, while in 2018
it reached 12 euro/kg (+140%).
Lithium oxide increased
from 7.5 to 12 euro/kg (+61%).
"Currently the Li-Ion
accumulators are the most used and according to a report of the
Chilean Chemical and Mining Society (SQM), one of the largest
lithium producers in the world.
The demand for key
components for the production of this type of accumulator will
also increase significantly in the coming years". (2)
The important question we
should ask ourselves is this:
has this Lithium Rush
brought wealth to popular classes of Argentina and Chile, as
well as to the pockets of speculators?
The answer is obviously
This is demonstrated by the history of recent events in
Chile and Argentina.
In the first of the two countries, a great popular
riot has broken
out against the neoliberal Piñera government, which has given
rise to a bloody repression of demonstrators, on which there has
been the complete disregard of the Western world.
in Argentina, a large popular opposition has decreed the
end of the neoliberal government and the election of a government
once again close to Kirchnerian popular politics.
Underlying both popular protests are,
level of wages
the high cost of living and services
- largely owned by private companies
the subtraction of the
nation's wealth by monopolistic enterprises, in comparison with the
high salaries of police soldiers and all government officials and
bureaucrats who help to maintain the order of neoliberal autocracy...
In short, the money of the Lithium Rush has
filled the pockets of
From these pockets - now absolutely hermetic - despite neoliberal
fables, no wealth poured in favor of popular classes.
what happened in Bolivia?
The government of Evo Morales had placed its attention on
Salar de Uyuni,
the country boasts the most important reserve of lithium in the
world. In 2018, its production amounted to around 120 tons of cle
a small share for the interests of speculators.
The government of Evo
Morales recalled that projects developed in Bolivia have tried to
take account of environment.
More importantly, the government had
chosen a social route for the development of this mining industry.
The aim of the projects
was not only to export, but to manufacture the finished product
(batteries) in Bolivia, reserving the monopoly of extraction and
subsequent production to industries wholly owned by the State, such
as the mining industry, entrusted exclusively to the Yacimientos
de Litio Bolivia.
Evo Morales applied the recipe of reserving to community the means
of production, in order to decide what, how, where to produce, in
accordance with the conservation needs of the environment.
The goals achieved in recent years by the Bolivian State, the
elections always won by its President, including the last, show that
there has been a fair distribution of wealth in favor of the popular
classes of the country.
Against this socialist path, in recent years almost all mainstream
and all think-thanks of neoliberalism have been hurled.
The production sector of electric cars is also at the heart of great
financial maneuvers that are taking place in the green economy
There has been an
undoubted massive investment of resources in the promotion of
cultural hegemony within the Western mainstream, towards the need
for massive investments in "technologies considered green", even if
these are not so "green" such as the production of battery-powered
cars, which become impacting hazardous waste after a few years of
These great maneuvers were well explained by F. William Engdahl,
in an article recently appeared in Global Research. (3)
Engdahl notes that,
the mega-corporations and mega-billionaires
behind the globalization of world economy, whose pursuit for
shareholder value and cost reduction has caused so much damage to
our environment both in the industrial world and in the
underdeveloped economies of Africa, Asia and Latin America, are the
main supporters of the 'decarbonization movement'...
Engdahl also affirms:
"In 2013 after years
of careful preparation, a Swedish real estate company,
Vasakronan, issued the first corporate 'Green Bond.'
followed by others including Apple, SNCF and the major French
bank Credit Agricole. In November 2013 Elon Musk's
problem-riddled Tesla Energy issued the first solar asset-backed
Today according to
something called the
Climate Bonds Initiative, more than $500
billion in such
Green Bonds are outstanding.
The creators of the
bond idea state their aim is to win over a major share of the
$45 trillion of assets under management globally which have made
nominal commitment to invest in 'climate friendly' projects."
"In 2016 the TCFD
along with the City of London Corporation and the UK Government
Green Finance Initiative, aiming to channel
trillions of dollars to "green" investments.
The central bankers
of the FSB nominated 31 people to form the TCFD.
billionaire Michael Bloomberg of the financial wire, it includes
key people from,
one of the world's biggest asset managers with almost $7
London-Hong Kong bank repeatedly fined for laundering
drug and other black funds
Swiss Re, the
world's second largest reinsurance
BHP Billington and David Blood of
Al Gore's Generation
In effect it seems
the foxes are writing the rules for the new Green Hen House.
Bank of England's Carney was also a key actor in efforts to make
the City of London into the financial center of global Green
The outgoing UK
Chancellor of the Exchequer, Philip Hammond, in July 2019
released a White Paper, 'Green Finance Strategy: Transforming
Finance for a Greener Future.'
The paper states,
'One of the most
influential initiatives to emerge is the Financial Stability
Board's private sector Task Force on Climate-related
Financial Disclosures (TCFD), supported by Mark Carney and
chaired by Michael Bloomberg.
This has been
endorsed by institutions representing $118 trillion of
There seems to be a
The plan is the
financialization of the entire world economy using fear of an
end of world scenario to reach arbitrary aims such as 'net-zero
greenhouse gas emissions'." (3)
concentration of financial forces, as also demonstrated by Cory
Morningstar, author and environmental activist, have strongly
supported that investment in cultural hegemony represented by the
Greta Thunberg and the Fridays for Climate.
Both this phenomena has
been reproduced and amplified by
the mainstream media, just as the
size of these economic interests is great.
Follow the money trail, people say in USA about politics and media...
This economic path is now quite clear:
the crisis of over-production
needs new financial outlets
raising money from funds to invest in
prospects that become credible and also necessitated, such as the
decrease of CO2 in the atmosphere, presented as the last
opportunity before the Apocalypse...
To give a concrete dimension to these investments, however, they
also need neoliberal domination of raw materials needed:
From the neo-liberal point of view, their management must be taken
away from the bad examples of "nationalization".
Thinking about extracting
and producing lithium for the needs of the people and in respect for
the environment, outside of speculative ambitions, is an attack at
heart of globalized capitalist economy.
This is the reason why a freely elected President who enjoys the
granite consensus of the popular masses of Bolivia should be ousted
and forced to resign and flee the Country.
It becomes also clear which is the main enemy of the
self-determination of peoples:
in Bolivia there is
not a song much different from the one played by the United
States, NATO and the European Union in Syria, trying to break up
an oil-producing country in order to throw it into easy hands to
Italian main press
agency, ANSA, reported a few days ago that an order of capture was
allegedly issued against Evo Morales.
The source were
Luis Fernando Camacho, who is none other than the leader of that
opposition which challenged without substantiated reason the
President's legitimate election.
No official charge was
held by Mr. Camacho at the time of that statement.
This says a lot about how West Governments and European Union are
aligned with the NATO imperialistic agenda, and with the
interests of finance and globalized industry.
The enemy is naked, we have just to refuse to cover him up and start
M. Stefanini - Chi ha il litio non ha i denti - Il Foglio,
C. Ranocchia - I prezzi del litio su livelli da record -
F William Engdahl - Climate and The Money Trail - Globalresearch,