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slash go for $1,000 off. Let's talk about what some people call white gold, lithium.

Live from the UK, this is the Marketplace Morning Report from the BBC World Service. I'm Gideon Long,

in for Leanna Byrne. Good morning. Bolivia has signed a massive billion-dollar contract with the

Chinese to extract lithium from the country's salt flats. Lithium, or white gold, is a key

component in rechargeable batteries, used in everything from laptops to electric vehicles. The

Bolivian president, Luis Arce,

says the deal will improve the lives of ordinary Bolivians. The BBC's Katie Silver has been

looking at this. Hi, Katie. Hi there. So China already produces a lot of lithium itself. Why does

it need lithium from Bolivia? As you say, it is a world leader when it comes to the amount of lithium

it produces, but it needs more.

With Bolivia, China can achieve something like a form of supply chain control.

It's a new player in the market.

The government is open to the investment.

It's keen for it.

And in that sense, it can get a completely different supply to that which it already has at home.

And so what does Bolivia get out of this

...