AMLO signs decree for Mexico to own lithium

Monterrey, NL. A very important link for the arrival of Tesla to Mexican territory, is to have lithium, graphite and copper, three minerals in which Sonora has the leadership, however, just as Lázaro Cárdenas nationalized the exploration and exploitation of oil, the president Andres Manuel Lopez Obrador signed a decree for the nation to be the owner of this strategic mineral.

At the event held in Bacadéhuachi, Sonora, Governor Alfonso Durazo commented that the lithium It is essential for the production of batteries for electric vehicles, and the president’s decision to nationalize this strategic resource allows the creation of the company Litio.mx“where we open ourselves to national and foreign capital, safeguarding the rights of the nation.”

He recalled that the executive order of the United States government is that by 2030 50% of new cars are electric, whose industry is a large consumer of lithium, graphite and copper. Precisely Bacadéhuachi is the largest lithium producer in the country and the 2nd copper deposit in the world, therefore in the Sonora 2030 Plan the premise is to have sustainable energy.

In turn, President Andrés Manuel López Obrador commented that the decision was made to use this strategic mineral for the benefit of the people of Mexico, and that the nation be the owner of lithium.

“You couldn’t make electric vehicles if you didn’t have the raw material. The process of exploitation and raw material begins, so that plants for the production of batteries can be installed”.

He recalled that this Friday, February 17, the first phase of the Puerto Peñasco Photovoltaic Power Plantwhich will be integrated into the National Interconnected System, under the National Center for Energy Control.

The plant will produce 1,000 megawatts of clean energy and will benefit 1.6 million people, making it the largest in Latin America and the fifth worldwide.