OREANDA-NEWS  Russia continues negotiations on the development of lithium deposits in Bolivia, they are at the final stage, Russian Ambassador to this Latin American country Mikhail Ledenev said in an interview with RIA Novosti.

In January, Bolivia signed a contract for the development of lithium deposits with the Chinese company CBC, and the Russian Rosatom took part in the competition, which was announced by the Bolivian authorities. At the same time, Bolivia's state-owned lithium company Yacimientos de Lucia de Bolivia has left open the possibility of choosing more than one company for this purpose.

After signing the agreement with the Chinese side, Bolivian President Luis Arce said that contract negotiations were continuing with other companies. "Rosatom's subsidiary Uranium One Group is actively involved in the development of the lithium industry in Bolivia, negotiations are underway in this regard, which are at the final stage. The victory of a Chinese company in the competition does not mean that Russia has dropped out. Negotiations are continuing. They are at the final stage," Ledenev said.