I bet Bacanora wished they could move their mine to Quebec Yesterday in Mexico......
Asked specifically if that meant the mine would be blocked from operating, Lpez Obrador said, “Lithium is going to be mined by the government.”
That operation, Bacanora Lithium, is Mexico’s only viable private lithium mine, and had been expected to start production in 2023. It is currently owned by Chinese lithium giant Ganfeng International.
Lpez Obrador said Wednesday that a newly created government company will do the mining and processing.
The president also said a private lithium mine (Bacanora) in the northern state of Sonora that involves a Chinese company would not be allowed to start production.