Is Guatemala a good place to invest in the future?

“But the government of Guatemala and its leadership convinced us that this is the right place to invest in our future. This plant also will strengthen our ability to deliver products to our customers and their auto assembly plants in North America, reducing the risk of supply line disruption,” he said.

Where is nickel found in Guatemala?

Nickel is found on the shores of Guatemala's largest lake, Izabal. It is a crucially important resource for fishing and fresh water for the local communities, but the lake, which is Guatemala's largest and a source of fresh water and fishing for the local communities, has been contaminated over the years due to nickel extraction.

Why was a Guatemalan mine closed?

A Guatemalan mine was ordered to close by the highest court on June 18, 2020 due to a failure to consult Indigenous communities. The court found that the mining license under which it is currently operating was invalid and suspended it until a consultation takes place within 18 months.

How long will a state of siege last in Guatemala?

President of Guatemala, Alejandro Giammattei, declared a State of Siege, or Martial Law, that will last for at least the next 30 days in response to a blockade.

Does Bolivia still produce lithium?

Although Bolivia has no commercial production, since 2017 there is a state-owned company called Yacimientos de Litio Boliviano (YLB) that has been trying to revitalize the failed attempts of lithium production in Bolivia, but without much success so far.

Is Latin America's share of global lithium production declining?

Latin America’s Share of Global Lithium Production Seen Declining. Photograoher: Cristobal Olivares/Bloomberg (Bloomberg/Bloomberg Creative Photos)