The government of President Andrés Manuel López Obrador plans to create a state-owned company for the exploration and exploitation of lithium, announced the Secretary of Energy, Rocío Nahle.
In an interview to local media, the official highlighted on Wednesday that “lithium is a strategic mineral,” and gave as an example its use as a “raw material for the manufacture of electric batteries.”
According to Nahle, this state-owned company would be established in the secondary law of the energy reform proposed by the Mexican president. “It is going to pass for the exploitation of lithium,” she emphasized.
She also made reference to the expropriation of oil that occurred during the government of Lázaro Cárdenas (1934-1940).Continue reading