Mexico will discuss lithium with Argentina, Bolivia and Chile | News
The President of Mexico Andrés Manuel López Obrador announced this Wednesday the holding of a meeting with Chile, Bolivia and Argentina to share experiences regarding the management of lithium after having nationalized the energy resource.
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The president indicated during his usual morning press conference that the Secretary of Foreign Affairs (SRE), Marcelo Ebrard, will issue the call officially in the coming days.
López Obrador specified that this meeting “is going to help a lot to collect the experiences since we can define well the characteristics of the Mexican company that is going to handle the lithium on the resources, the research support that is required.”
The statements come after the government nationalized the exploitation of lithium on April 20 through the reforms to the Mining Law.
In this sense, the head of state stated that: “There are countries where lithium has already been nationalized, as is the case of Bolivia, in the case of Argentina and Chile it is not, but the governments of Chile and Argentina are interested in having this union.”
‼️Al being questioned about the company that will handle the #lithiumPresident @lopezobrador_ He said that a meeting is being convened to exchange experiences with Argentina, Chile and Bolivia, countries that produce this resource, and they are thinking of working together. pic.twitter.com/gOhFVIloQ7
— Alex Piñon (@alexjournalist)
April 27, 2022
Regarding the availability of resources for the costly exploitation of the so-called “white gold”, the president stated that: “It depends a lot on the economic capacity of the government and fortunately we are good at collecting taxes, which is a good indicator.”
The decision to nationalize the energy resource has been celebrated by various experts.
The researcher at the Economic Research Institute of the National Autonomous University of Mexico, Alberto Moritz Cruz, considers that: “Beyond the merely economic, what is relevant is that the State explore, exploit and take advantage of this resource and channel it towards strategic areas” .