Mexican Senators Approve State Control of Lithium Sought by AMLO
- Bill now heads to president after debate on some articles
- AMLO sought control of lithium after political defeat Sunday
Andres Manuel Lopez Obrador
Photographer: Alejandro Cegarra/BloombergThis article is for subscribers only.
Mexican senators passed a mining bill Tuesday afternoon that confirms state control of lithium exploitation.
President Andres Manuel Lopez Obrador, known as AMLO, presented the initiative after his bid to increase government control of the electricity market failed Sunday. A ruling coalition of lawmakers, led by the president’s Morena party, fast-tracked the bill, getting lower house approval Monday.