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Mexico will reject private lithium deals even if reform bill fails -president

 
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MEXICO CITY, Oct 7 (Reuters) - Mexico will deny any proposal for private lithium concessions even if Congressrejects a government bill aiming to reserve future extraction of the metal for the state, President Andres Manuel Lopez Obrador said on Thursday.

At his regular morning news conference, Lopez Obrador stressed that Mexico's deposits of the white metal, coveted by battery makers, should be developed exclusively by the government.

The bid to bar private lithium mining is part of a controversial electricity reform bill that seeks to strengthen state-owned power company CFE and prioritize the dispatch of energy from its plants. 

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Topic starter Posted : 07/10/2021 2:11 am
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