Mexico to urge US, Canada firms to participate in lithium market

“In all cases there must be associations of the public company with private entities and we do not want lithium to be taken out of Sonora,” he said at a regular news conference, referring to government plans to exploit the mineral in the northern Mexican state.

Lithium will be used for purposes such as the production of electric car batteries, but only factories installed in Sonora will be able to take advantage of the mineral, Lopez Obrador noted. Nonetheless, analysts argue that companies are more likely to focus near-term investments in Chile or Argentina’s sprawling salt flats, where industries are more established and policies more market-friendly.

Será por apariencia, la mayoría se las adjudicado a empresas chinas, aliadas políticamente del gobierno de AMLO.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How droughts in Mexico could shape the future of the beer industryAs northern Mexico this year endured one of its worst droughts in decades, brewers dotting the parched landscape guzzled vast quantities of water, pumping out national favorites like Corona and Tecate that helped make the country the world’s largest exporter of beer.
Source: chicagotribune - 🏆 8. / 91 Read more »