Wednesday, February 1 2023

Reuters

Mexico to urge U.S., Canada firms to participate in lithium market

MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador said on Tuesday his administration will issue a call for U.S. and Canadian companies to participate in the country’s incipient lithium market. Mexico does not yet have commercial lithium production, though close to a dozen foreign companies hold contracts to explore potential deposits. “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.

Source: Yahoo Sports

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