• Create Account

    In less than 1 min, By registering, you'll be able to discuss, chat, share and private message with other members of our community. All 100% free

    SignUp Now!

Mexico’s massive mineral deposit of lithium

Freddy

Administrator
Staff member
Joined
Nov 4, 2021
Messages
385
Best answers
1
With warnings of potential lithium shortages looming, Mexico’s lithium deposits, as well as those in Argentina, Bolivia, and Chile, have become prime prizes in the ever-heating competition between Washington and Beijing for economic supremacy and influence over the most powerful industries of the near future.

With Bolivia being the weakest link in the group, it would be no surprise to see that country become destabilized in the name of Democracy by Washington.

The Western groups are already putting pressure on Mexico with its attack on the only public help mining purchase from Chinese investors " Ganfeng, Ganfeng is the largest lithium supplier in China and third largest in the world, it is vertically integrated so included in its business resource" of mineral deposits of lithium

Foreign investors from western mining Giant Bacanora have been trying to negate the sales deal after realizing the Mexican stakes were bigger than has been anticipated.

  • In May, it reached a $250 million deal to raise its stake in U.K.-based Bacanora Lithium, owner of the Sonora project in Mexico, from 29% to 100%.
 
Registrarse / Join The Forum

Proud Sponsor

Ad

Top