The government is planning to nationalize deposits of lithium, which is vital for the production of electric vehicle batteries Foreign companies are set to be excluded from lithium mining in Mexico after President Andres Manuel Lopez Obrador issued orders for nationalization of the country’s deposits to be expedited. The transfer of lithium reserves to Mexico’s energy ministry was ordered last April with the signing of a document during an event in Bacadehuachi in the state of Sonora, which also designated 2,500 square kilometers in the region as a national lithium mining zone. The district, which borders the US,
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