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nationalized Bolivia announced that

By Javier Patsote

Bolivia nationalized on Sunday a small antimony smelting plant operator Swiss Glencore International AG alleging that does not make sufficient investment, the government, a day after the nationalization of much of the country's electricity generation.

The announcement was made by Presidency Minister Oscar Coca, after the government of leftist President Evo Morales nationalized four companies in the electricity generation sector, two of them subsidiaries of European groups.

"From now reverts to the domain State-Vinto plant antinomy, "Coca said.

" In recent years there has been inactivity production of this plant. Has practically been in the process of decommissioning. Has not been established which have adverse conditions causing investment to the policy of this government, "he added.

-Antimony Vinto plant belongs since 2001 to local companies Colquiri, Sinchi Wayra owned subsidiary of Glencore.Sinchi siuza Wayra also operates five polymetallic mines in Bolivia in the highland departments of Oruro and Potosi.

Since taking power in January 2006, Morales has reversed for the state oil companies, mining and telecomunicaciones.En in 2007 nationalized the hands of Glencore Vinto Metallurgical Company (EMC), mineral processing Huanuni, the largest in the Andean country.

Mining is the second largest source of foreign earnings in Bolivia and in 2009 totaled 497 million billion dollars in exports.

On Saturday, Morales nationalized by decree Guaracachi-the largest electricity generating country in which the British Rurelec owns half of the shares, and Corani, owned 50 percent by France's GDF Suez.Las local firms nationalized this weekend were Valle Hermoso, the Bolivian Panamerican Investments holding company and distributor Empresa de Luz y Fuerza Electrica de Cochabamba (ELFEC), owned by a group of Bolivian workers and executives.