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Mexico establishes state-owned lithium company

 Last Update: 2022-09-06
 Source: Internet
 Author: User

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On August 23, Mexican President Andres Manuel López Obrador signed a decree to establish Mexico Lithium Corporation to exclusively produce and distribute Mexican lithium resources

According to reports, Lithium Mexico will operate independently of the Ministry of Energy

Earlier this year, Mexico overhauled its mining laws and now only state-owned companies can explore, mine and sell lithium ore

It is reported that the strategic plan that the Mexican lithium industry will develop includes: research and development of technologies required by the industry related to the use of lithium; with the help of the Mexican Geological Survey, locating geological areas where lithium reserves may exist; Generating basic geological information on lithium located on national territory with support; promoting sustainable use of lithium for the energy transition for the benefit of ordinary people; managing activities for the production and distribution of lithium products

Mexico is accelerating the development of electric vehicles

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