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COMIBOL

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AcronymDefinition
COMIBOLCorporación Minera de Bolivia (Spanish: Mining Corporation of Bolivia)


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Almost a year into the Andean country's highly valuable lithium extraction pilot project, workers for the state mining company COMIBOL have finally been given a drill to replace the pickaxes they had been using to cut brine sampling holes.
The unionized COMIBOL workers, by contrast, have an interest in mining more steadily, saying they can keep the community viable for 30 years while cooperativist mining, they claim, would deplete the mines in two years and leave Huanuni destitute.
Both COMIBOL and these cooperatives also receive a royalty.
 
 
 
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