Monday, April 25, 2022

Lithium nationalization raises questions about future of its exploitation

The government of Andrés Manuel López Obrador bets that a state company, Litiomex, will take over the production of the mineral. However, in the private sector they have doubts about the undertaking given the level of investment needed to carry it out and the limited quality of Mexican lithium, which requires new techniques for its use. In addition, they warn about legal claims.

The nationalization of lithium opens up a series of questions about the future of mineral exploitation in Mexico, a country that is among the top ten in the world ranking of those with the most resources in its territory.

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