Xinhua News Agency, June 20, after a lapse of five months, new progress has been made in the layout of lithium resources in Bolivia's salt lake in the Ningde era, the global power battery leader. On June 20, the Ningde Times confirmed that it would invest US $1.4 billion to help develop Bolivia's vast but largely uncommercialized salt lake lithium resources, thus consolidating the partnership established with the Bolivian government in January this year. The amount of this investment has increased compared with the first-phase investment of 1 billion US dollars disclosed by the media in January this year. According to the country's Ministry of Energy, construction of the two plants will begin as early as July, and total investment in follow-up projects is expected to increase to about US $9.9 billion. (Reuters)