Skip to Content

Mexico to reserve future lithium production for government

KIFI

MEXICO CITY (AP) — Mexico wants to declare lithium a “strategic mineral” and reserve any future exploration and mining for the government. The changes are contained in a bill that President Andrés Manuel López Obrador sent to congress. The bill also changes the Constitution to give the government control over electricity production and distribution. The Secretary of the Interior said Friday that eight concessions for mining lithium that have already been granted would be respected, as long as they are well on the way to producing the metal, which is used in batteries. He said only one private mining company, apparently a Chinese firm, appears to meet those criteria.  

Article Topic Follows: AP National Business

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content