Resumen de Latin America: a land of missed opportunity?
In Bolivia, however, recent changes to the country's mining code look likely to frustrate the nation's opportunity to become a top lithium producer.
Bolivia's lithium deposits are located on the Salar de Uyuni, the world's largest salt flat, covering nearly 5,000 square miles (12,950km[superscript]2 ) in Potosi and Oruro, southwest Bolivia, and are estimated to account for 50-60% of the world's lithium reserves.
On the policy front, Brazil has been considering an overhaul of its mining code. In April 2013, Brazil's Senate created a commission to discuss proposals for new regulations as part of a planned overhaul of the country's mining industry.
