Bolivian Nationalization of Mines

The Bolivian nationalization of mines was a government decision to take control of key mining operations, particularly natural resource extraction like tin and lithium, from foreign corporations. This aimed to ensure that Bolivia’s resources benefited its people and economy directly, rather than private or foreign owners. The move was driven by a desire for economic sovereignty, fairer distribution of wealth, and to recover control over national assets. It marked a shift towards greater state involvement in resource management, with the government typically managing, regulating, or owning the mines to promote national development.