:quality(85)//cloudfront-us-east-1.images.arcpublishing.com/infobae/BDKQYQ5YCJEMTAX6TGK7NNLMBU.jpg "Mexico has 82 lithium deposits and they are located in these 18 states 1")
Given the recent confirmation of lithium deposits in Puebla, Alejandro Armenta, President of the Board of Directors of the Senate of the Republic, pointed out that it is the entity with the second largest number of geographical locations with this mineral, with which it is designated as an essential state for the energy transition.
Lilly Téllez blamed AMLO for nationalizing lithium and involving the military “in business”
The PAN senator assured that in her government, if she wins in 2024, she will return lithium to Mexicans and defend the nation by limiting the functions of the Armed Forces
During a press conference, the senator of the National Regeneration Movement (Morena) specified this Wednesday, February 22 that the regions where the deposits were found are the northeastern sierra and the mixteca. According to information provided by Armenta Mier, the state of Puebla has 12 lithium deposits distributed among eight municipalities; however, there is another with a higher concentration of this mineral.
And it is that Mexico has 82 lithium deposits distributed in 18 states, where Sonora concentrates 13, Puebla 12, Oaxaca 9, Nuevo Leon 8, Durango 7, Chihuahua and Tamaulipas 5 each, Coahuila, Guanajuato, Hidalgo, Jalisco, San Luis Potosí and Zacatecas 3 each and Chiapas, Michoacán, Morelos, Sinaloa and Veracruz 1 each.
It is in this context that he highlighted the role that Lithium will have for Mexico, a decentralized body responsible for manufacturing this mineral exclusively for the nation. “It will no longer be foreign companies that will do the exploration, now it will be Mexican companies (…) and (Lithium for Mexico) will regulate private investments, national and foreign, for its use.”
AMLO warned conservatives during lithium nationalization: “They want Mexico to be a foreign colony”
The president was in Sonora to sign an executive order declaring an area of his reserve
In this sense, the legislator Morenista stressed that it is not a question of creating a nationalist mechanism that does not think of the Private Initiative (PI), since he considered that national and foreign companies will be able to take advantage of lithium in Mexico, but he stressed that it will be the state that will benefit first.
“Before national companies and before foreign companies, Mexicans must win”
It should be remembered that the agenda for the defense of lithium in Mexico is a repeated question for the government of President Andrés Manuel López Obrador (AMLO) and the promoters of fourth transformation (4T), since since the federal government launched the electricity reform, it was glimpsed that the current administration was trying to “protect” lithium from private and foreign interference, so that the same as silver or gold would not happen to it.
And, although the Electricity Reform was not passed in the Chamber of Deputies because it did not achieve the qualified majority (two-thirds) it needed, it immediately launched the reform of the mining law to protect lithium. In this regard, it is clarified that since this second initiative did not modify the Political Constitution of the United Mexican States (CPEUM), it could be approved by a simple majority, which Morena and his allies (PT and PVEM) have easily obtained.
For the first time in Mexico, the Senate and San Lázaro will coordinate their efforts to eliminate the pending legislative elections
The presidents of the two chambers reported on the installation of a working table that will coordinate efforts to carry out their work
It was then that he was tasked with creating a decentralized organization dedicated to the protection of lithium so that the Mexican State would be the main beneficiary of this mineral which will be decisive for the energy transition both in Mexico and in the world. In this regard, the opposition stressed that it is about the nationalization of lithium, wanting to pass it off as a negative act and a whim of AMLO; without embargo, con lo plantado por el presidente, ensure that, cuando initiates the exploitation of mineral dicho, las y los mexicanos serán los principals beneficiados, pues ese dinero se quedará en las arcas del país para promover la gobernabilidad, la infraestructura y los basic services.
Indeed, in July 2022, Alejandro Armenta pointed out that lithium deposits in Mexico could cover 4.5 times Mexico’s foreign debt, since it was calculated at the time that it was worth 50 billion Mexican pesos (about USD 2.44 billion). Therefore, he argued that creating “AMLITIO”, a nickname with which he referred to lithium for Mexico, would be more beneficial to the republic than leaving it to the free market. Remember that this calculation was made before the discovery of the Puebla deposits.