Esparta Palma
The press release states: "Andrés Manuel López Obrador, President of the republic, has designated a lithium mining zone of 234,855 hectares located in municipalities of the state of Sonora."
President emphasized that it is in the general welfare to nationalize lithium. "We are currently nationalizing lithium to prevent foreigners from mining it. Lithium and oil are the property of the country and the people of Mexico," he added.
A change of the mining law that designated lithium as a national treasure and granted the state exclusive rights to its discovery, development, and industrial use was broadly endorsed by the upper house of Congress of Mexico in April last year.
source: reuters.com
President emphasized that it is in the general welfare to nationalize lithium. "We are currently nationalizing lithium to prevent foreigners from mining it. Lithium and oil are the property of the country and the people of Mexico," he added.
A change of the mining law that designated lithium as a national treasure and granted the state exclusive rights to its discovery, development, and industrial use was broadly endorsed by the upper house of Congress of Mexico in April last year.
source: reuters.com
