Concessions granted before the lithium nationalization should not be altered, says the president of Mexico's mining chamber.
The president of Mexico’s mining chamber Jaime Gutierrez does not believe it is possible for the government to cancel concessions for China’s Ganfeng Lithium under the law, he said during a press conference on Wednesday.
Lithium giant Ganfeng said in a filing dated Aug. 29 that Mexico’s mining authorities had issued a notice to its local subsidiaries indicating nine of its lithium concessions had been canceled.Last year, the Mexican government enacted a sweeping lithium nationalization aiming to ensure the country profits from surging demand for the ultra-light metal.
Gutierrez said concessions granted before the lithium nationalization should not be altered, as the law is not retroactive. Mexico’s economy ministry did not immediately reply to a request for comment on the canceled concessions. Since he took office in late 2018, President Andres Manuel Lopez Obrador has refused to offer any new mining concessions, arguing that too many had been granted by previous governments.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Mexico not able to cancel Ganfeng Lithium concessions, chamber saysThe president of Mexico's mining chamber Jaime Gutierrez does not believe it is possible for the government to cancel concessions for China's Ganfeng Lithium under the law, he said during a press conference on Wednesday. Lithium giant Ganfeng said in a filing dated August 29 that Mexico's mining authorities had issued a notice to its local subsidiaries indicating nine of its lithium concessions had been canceled.
Weiterlesen »
New Mexico State QB Diego Pavia accused of urinating on rival New Mexico’s logoNew Mexico State starting quarterback Diego Pavia was caught by a local news outlet with his willie in his hand.
Weiterlesen »
New Mexico State QB Caught Urinating on Rival New Mexico U’s Logohttps://amp.tmz.com/2023/09/26/new-mexico-state-quarterback-diego-pavia-allegedly-caught-peeing-rival-university-new-mexico-logo-field/ I just had to post this here. Have no idea the reaction our fanbase would have if this happened against us.
Weiterlesen »
Writers Guild Leaders on Where Deal Landed With AI, How Gains and Concessions Were MadeIn an interview, Chris Keyser and Meredith Stiehm discussed turning points and sticking points in the talks, how the entrance of CEOs changed the conversation and what the union will fight for next time around.
Weiterlesen »
Albemarle, Caterpillar collaborate on batteries, zero-emissions lithiumAlbemarle Corp. said Wednesday it was collaborating on battery technology and sustainable lithium-mining practices with heavy-equipment maker Caterpillar...
Weiterlesen »
Stellantis pumps $90m into Argentina LithiumAutomotive group Stellantis is making an investment in Argentina Lithium, partnering with the TSX-V-listed mining company to advance lithium project in the South American nation. Stallantis subsidiary Peugeot Citroen Argentina will make a $90-million investment in Argentina Litio y Energia (ALE), Argentina Lithium & Energy announced on Wednesday.
Weiterlesen »