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Mexico seeks coordination in Latin America to take advantage of lithium – El Sol de México

This Wednesday, Foreign Minister Marcelo Ebrard said that he will travel to bolivia to search a Latin American coordination in order to take advantage of lithium which works for the generation of batteriesand energy storage systems.

“If Latin America coordinates, Argentina, Chile, Peru, Bolivia and Mexico would have more than 65 percent of the world’s lithium, that is, it is one of the strategic minerals for the future,” he said in media statements.

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At the beginning of last May, the Mexican president, Andrés Manuel López Obrador, commented in his daily conference that Chile and Argentina had already shown interest in having this union, and that the association was sought to “join experiences” around the same called “white gold”.

Lithium was nationalized last April with changes to the Mining Lawin which it is stated that it is “of public utility” and new concessions, licences, contracts and permits on the matter are suppressed

In addition, the changes stipulate that those in which there are lithium deposits will be considered mining reserve areas, as well as that the exploitation and use of lithium will be exclusive to the Mexican State, through a state company.

In this sense, the Mexican foreign minister announced that he will meet this Thursday with the Bolivian president, Luis Arce, to advance in the exchange of experiences around lithium.

“What we want to do is coordinate our actions regarding lithium, as was done at some point with oil,” he explained.

He also commented that Bolivia is one of the countries that has one of the largest reserves in the world“and it is a dialogue that matters to us and interests us”, since he even added that Bolivia already manufactures electric vehicles.

Ebrard added that he will also make a “brief visit to Peru, to greet President Pedro Castillo.”

“I will be in Colombia for the renovation, inauguration of President Gustavo Petro”, he added.

“With Colombia we have a very close and growing relationship in tourism, in investments, in many issues, so it is one, I would say, of Mexico’s priority relationships,” added Ebrard.

On the other hand, he commented that the guidelines of the new Mexican state-owned company to be created to harness and exploit strategic mineral resources in Mexico “They are already advanced”.

With the reform of last April, 90 days were given to create a new state company to exploit lithium, while the Mexican government has detailed that the name is still in the process of being officially registered, since one of the intended names, Litiomex, was already used by another company.

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“They are already advanced, he told me the Energy Secretariat already has a very important advance, but what we want is international coordination,” the Mexican foreign minister insisted.

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