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Resource Nationalism Takes Mexico's Lithium

Resource Nationalism Takes Mexico's Lithium

metals_minerals

Industry Segment: Metals & Minerals | Word Count: 340 Words

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.

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