# Lithium mining developments in Peru and Bolivia

> Live situation record from CLSTR: https://clstr.news/situations/lithium-mining-developments-in-peru-and-bolivia
> Updated: 2026-09-17T23:30:51.000Z. Sources: 4. Developments: 2.

Mining activities in the lithium sector are expanding in Peru and Bolivia. In Peru, Macusani Yellowcake, a subsidiary of American Lithium Corp., has increased its planned investment for the Falchani lithium project in Puno to US$834 million. The project targets hard-rock deposits with a concentration of 3,000 ppm. The development plan aims for an initial annual capacity of 25,000 tonnes of lithium carbonate for the first four years, with potential scaling to 100,000 tonnes in later phases. The company expects to seek exploitation approval by the second half of 2028.

In Bolivia, the state-owned Yacimientos de Litio Bolivianos (YLB) has reported operational improvements at the Llipi Industrial Complex near the Salar de Uyuni. The company is implementing a strategy to optimize plant capacities and address operational tasks through direct engagement with personnel.

## Timeline

### 2026-09-17: Lithium mining developments advance in Peru and Bolivia

Lithium developments continue in South America as Peru's Falchani project increases investment to US$834 million and Bolivia's YLB reports operational improvements at its Llipi Industrial Complex.

2 sources. https://clstr.news/cluster/lithium-mining-developments-advance-in-peru-and-bolivia

### 2026-09-16: Mining companies increase focus and investment in Peru

Macusani Yellowcake increases its Falchani lithium project investment in Peru to US$ 834 million, while Xali Gold considers selling Mexican assets to prioritize its Pico Machay gold project in Peru.

2 sources. https://clstr.news/cluster/mining-companies-increase-focus-and-investment-in-peru

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Cite as: Lithium mining developments in Peru and Bolivia. CLSTR, https://clstr.news/situations/lithium-mining-developments-in-peru-and-bolivia