Economy & Business - March 2023

Renewed concerns over nationalisation of Mexico’s lithium reserves

Mexico’s President Andrés Manuel López Obrador published two decrees in the official gazette (DOF) on 18 February. Both decrees were related to Mexico’s fledgling lithium industry and appeared designed to advance López Obrador’s goal of achieving nationalised lithium production. However, uncertainties remain around the exact implications of the decrees and the feasibility of producing lithium from Mexico’s hard-to-extract reserves.

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