Resource Nationalism Takes Mexico's Lithium

April 21, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--On Tuesday, Mexico's congress passed an amendment to its mining law nationalizing lithium mining. The measure bans private ownership in the lithium market and will create a new state agency to focus on lithium development. Contracts for existing lithium exploration projects are under review, including Ganfeng International Trading's (Xinyu, China) Bacanora Lithium project in Sonora, Mexico.