The Underworld Podcast

← The Underworld Podcast25 Aug · 45 min

Shafted: How Cartels are Killing for Rare-Earths

Shafted: How Cartels are Killing for Rare-Earths25 Aug45 min

Bolivia's Cerro Rico has been spewing out tons of silver for centuries. It was the economic bellows of the Spanish Revolution, whose lust for the precious metal came at the price of some eight million slaves. Some of the empire's earliest gangs formed around the Cerro. They were called ‘Jukus,’ and one man stood above (or below) them all.

Today's there's another, modern silver rush at Cerro Rico — and it's being led by the green energy revolution. EVs, wind turbines and data centers are all hungry for silver. Its price has almost quadrupled. That has brought a new wave of organized crime to Bolivia. This time they're smart, and armed. And the only people holding them back are a band of women packing nothing but dogs and sticks of dynamite.

But Bolivia isn't alone. The race for rare-earth minerals has drawn cartels to mines across Latin America, killing miners and taking over entire operations from Quito to Cali. This documentary-style episode digs into organized crime's newest trend — and shows how dirty clean energy really is.

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