Mexican president courts private investment for new state lithium company

  • 📰 mining
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Mexican president courts private investment for new state lithium company.

Mexican President Andres Manuel Lopez Obrador on Wednesday urged the private sector to work with his new, which aims to position Mexico as a key player in the electric car battery market.

Mexico does not yet have commercial lithium production, though close to a dozen foreign companies hold contracts to explore potential deposits. Lopez Obrador said that Pablo Taddei, son of the federal welfare ministry’s delegate in Sonora, Jorge Taddei, will direct operations of the lithium company after he finishes his doctorate in November.

Industry experts told Reuters this month that state involvement in Mexico’s lithium business would likely put the brakes on private investment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 449. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Cardano Joins $11 Million Investment Round in Kenya Fintech Company to Change Microfinance Around WorldCardano leads the $11 million investment round for microfinance African company. IOHK_Charles hildamoraa IOG IOHK_Charles hildamoraa SheldonEvans recommended me this 💰
Source: Utoday_en - 🏆 295. / 63 Read more »