Mexican Senate approves nationalization of lithium mining

Mexican Senate approves nationalization of lithium mining

2 years ago
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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.

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