Mexican Senate approves nationalization of lithium mining
https://apnews.com/3f51b6c954122a072e6bbb96db829b1a
MEXICO CITY (AP) — Mexico’s Senate passed a bill Tuesday to nationalize lithium mining and extraction. The bill was submitted by President Andrés Manuel López Obrador, who is expected to sign it into law.
The law says a state-run company will have exclusive rights to mine lithium, a mineral used in electric car batteries and other devices. Such a company does not yet exist, and the Mexican government has no experience in mining lithium.