Argentina, Bolivia, Chile to form OPEC model cartel on lithium

Re:Argentina, Bolivia, Chile to form OPEC model cartel on li... by aboyeji on Sunday February 12, 2012 @10:40PM (#3584100)

This will really suck for these countries. As someone who lives in an oil producing country, OPEC is a horrible model to follow. Almost all the countries in OPEC are corrupt, inefficient and have dictatorial govts who oppress the majority poor in their countries.

That said, I wonder what impact this will have in other conflict regions that provide lithium or substitutes to lithium like Congo and Afghanistan.

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Re:Argentina, Bolivia, Chile to form OPEC model cartel on li... by davidw on Monday February 13, 2012 @03:57AM (#3584803)

Chile already makes much(most?) of it's money from copper, and lately it seems that they have a decent handle on things, in that it's a stable democracy.

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Re:Argentina, Bolivia, Chile to form OPEC model cartel on li... by xlpz on Monday February 13, 2012 @08:52AM (#3585533)

What's the alternative exactly? Sell your resources as cheap as possible to avoid being corrupted by money? Surely there should be a way of capitalizing on your natural resources to improve the living standard of your people, and the explanation for most OPEC countries not being great is a big more complicated than this.

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