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Mexico Going Forward with Plan to Nationalize Lithium Production

Mexico is going forward with its project to nationalize its growing lithium industry. This comes after Alejandro Armenta, a member of the Morena Party, introduced the proposal in parliament on Nov. 11, 2020. The proposal calls for lithium to be declared as the country’s exclusive property. This means that its production will be managed by the state.

To do this, Armenta, the head of the Senate Finance commission, proposes that a new…

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