The Sunday military coup in Bolivia has put in place a government which appears likely to reverse a decision by just-resigned President Evo Morales to cancel an agreement with a German company for developing lithium deposits in the Latin American country for batteries like those in electric cars. ... Mmmkay So it's eurofags on this one ... As Bloomberg News noted in 2018, that has set the country up to be incredibly important in the next decade: Demand for lithium is expected to more than double by 2025. The soft, light mineral is mined mainly in **Australia, Chile, and Argentina**. Bolivia has plenty—9 million tons that have never been mined commercially, the second-largest amount in the world—but until now there's been no practical way to mine and sell it. Morales' cancellation of the ACISA deal opened the door to either a renegotiation of the agreement with terms delivering more of the profits to the area's population or the outright nationalization of the Bolivian lithium extraction industry.