OSP and Don Mario Project (Bolivia)
Modern mining laws and a supportive political environment
• Rich history of mining and prospectivity. Limited exploration
in the early 2000s has now provided the opportunity to find
Tier 1 assets
• Straightforward mining laws and a simple tax structure with no
capital controls
• Government announced US$3B in capital to develop the
lithium salars.
• Mining largest contributor to Bolivian economy at 30%
• 0% VAT on mining/industrial equipment
• Bolivia and Brazil recently signed 10 bilateral cooperation
agreements that cover foreign investment protection, mining and oil
and gas exploration
• Bolivia announced biggest natural gas discovery since 2005, the
Mayayo Central X1, estimated to hold 1.7 trillion cubic feet of gas
• Bolivia expected to regain its position as a major natural gas
exporter and resolve foreign exchange problems