2 minute read

OPEC 2: Lithium Cartel

Next Article
Res Rugby Round 3

Res Rugby Round 3

Are you sick and tired of the ever-increasing price of your phone, laptop and other electronics?

Well if that’s the case then I’ve got terrible news for you, as Bolivia’s president, Luis Arce, is pushing hard to form a lithium cartel with neighbours Argentina, Brazil and Chile. This will mean larger bargaining power for the Latin American countries when it comes to the cost of lithium, which could result in massive price hikes on all your electronics. Looks like those Airpods you’ve been saving for might just jump out of your price range.

Advertisement

According to Reuters, the push for the lithium version of OPEC was first brought to the forefront by Mexican president Andres Manuel Lopez, who now seems to be rallying the other countries to his cause. With South America having nearly 70% of the world’s lithium deposit they could easily monopolise it. That combined with the ever-advancing technological society we live in, means only one thing; everything will have some form of electronics in it and thus the demand for lithium will be through the roof. The first steps, according to Oilprice, for this realising has already begun with Arce planning on industrialising Bolivia’s lithium before 2025. He has inked a deal with a consortium that included CAT and CMOC to start development of two lithium plants.

So, unless environmental activist or the economic superpowers can find a way to stop this from happening, not only will some of the most beautiful environments in the world be torn apart, but the world going forward will be a far more expensive one.

HelloUP student, this is a safe place to shoot your shot at all those cute people you see around campus. Tell those people how you feel about them, hit on your crush or compliment a person on that outfit they were wearing the other day. Anything positive really. Try to be as detailed and creative as possible with your description so it makes it easy for the person to identify themself. Here’s to hoping for your success, and maybe even a possible meet up :)

To the 3rd year architecture student that looks like you could be Greek, I think you have a gorgeous smile, some sparkly eyes and an even sparklier personality. You wanna go throw some plates sometime?

To the sexiest human being alive who studies engineering and stays at Tuks Village, you have a gorgeous smile. Whenever I see your gorgeous smile I get butterflies. Bumping into you always makes my day. I’ve had my eyes on you since 2021.

To the tall, dark-haired DJ from Ekhaya studying computer science. I have a massive crush on you. May I stare into your gorgeous blue eyes during a lunch date sometime?

To the guy with the long hair in my SLK 210 class who always sits behind me in the one and only lecture I get to see you. I hate what you do to me. The butterflies you give me. The way you make my heart skip a beat when you simply walk into class. I've had to self-study most of the content we've covered in the lectures because I just can't function properly when you're around! It's like I've reverted to being a little girl with a school crush. I wish I had the courage to speak to you. But I'm pathetically shy and the most I've uttered to you is "Hi" when you were still in the Thursday lectures. Maybe someday I'll grow a pair, take it a step further and ask "How are you?". But while I work on that, I'll use this platform to let you know that I think you're very handsome. And as a friend of mine likes to put it, I'm "gaga" over you. PS... If you have a girlfriend, I sincerely apologise and you can ignore this.

Want to shoot your shot? Scan the QR code.

This article is from: