Weekly Report - 25 August 2022 (WR-22-34)

MEXICO: State lithium company officially created

Mexico’s very own state-run lithium company was officially created on 24 August. After years of expressing his desire to bring lithium production under state control and a failed attempt to do so via his electricity sector reform [WR-22-16], President Andrés Manuel López Obrador this week issued a decree to bring Litio para México, or LitioMx, into being. The company will begin operations within six months.

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