Five countries in Latin America have more than 67% of the world’s lithium

They see the potential value of 12 billion pesos in It seems By attracting the value chain to lithium. The above, according to Economic prospects Contained in Economic Package 2023subordinate Secretariat of Finance and Public Credit (SHCP) from Mexico.

In Section 3, Economic Package 2023, Section 3.1: General Economic Outlook 2023, referred to as lithium from Sonora. In that state, by the government of Mexico, they will build Gardens Solar The largest in Latin America. will consist of complex five In order to take advantage of the state’s natural lithium reserves.

For this reason, the document notes that the executive branch’s decision to maintain the value chain of products for which lithium is essential adds significant strategic value to the country at the geopolitical and economic level. In addition, they estimate that the value chain associated with this mineral has a potential of up to 12 billion pesos. or more than one-third of the value of the national gross domestic product during 2022.

  • Mexico in Latin America and lithium around the world

According to the latest report of USGS United States of AmericaIn January 2021, five countries in Latin America and the Caribbean controlled or held 67% of the world’s lithium reserves. These countries mentioned in the report are: BoliviaAnd the ArgentinaAnd the Chili pepperAnd the Mexico s Peru. The report also contains detailed information in millions of tons for each country worldwide. From Latin America, Bolivia has 21 million tons Argentina 19.3, Chile 9.6 and Mexico 1.7. The other countries are Australia 6.4 million tons, China 5.1, Canada 2.9 and Germany 2.7. According to the above data, Mexico ranks 8th place All over the world in lithium reserves.

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In relation to previous data published in 2021, on May 3, 2022 Parliament , agreed Nationalize Bill Exploit Mexican lithium. The goal is for the mineral to be used for the benefit of national development, through mining law reform. In the said amended law, lithium is considered a heritage of the nation and was approved on April 19, 2022.

The law declares lithium a public good, and states that its exploration, exploitation and exploitation will be the exclusive responsibility of the state. It will also prevent the granting of concessions, licenses, contracts, permits or permits to exploit the mineral.

Finally, the House will have until October 20 to debate and approve the Revenue Act, which will then be sent to the Senate for approval no later than October 31. Regarding the spending budget, it must be approved by the House of Representatives no later than November 15, and the executive branch will be responsible for making the publication in The Official Gazette of the Federation (DOF) on November 10, 2022.

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Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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