As I stated months earlier https://mexicobusiness.news/mining/news/mining-energy-reforms-be-challenged-during-usmca-review?tag=mining
if the new administration continues down the old administrations road it risks all of the near shoring and trilateral (NAFTA) cooperation it has.
its nationalization of oil Pemex has been a money hole in their budget.
The nationalization of lithium has produced zero lithium.
the facts remain private companies have the expertise, knowledge, and resources to mine metals and energy in the most efficient manner.
States and Governments DO NOT. To put resources under state or government is a well known mistake in the global community. To continue down this path now will jeopardize near shoring of all asset classes.
the mining sector has requested the new administration to work with it. We have waited one month and there has been no reply. It is revenue that allows social programs. We continue to wait and now you start to see the formation of legal battles and challenges. This truly does not bode well for Mexico.