Mexico Energy Monitor

Feb 15

LitioMx CEO wants PPPs across the lithium supply chain 

• Mexico’s national lithium company LitioMx does plan to partner with private firms across the mineral’s supply chains but will insist on majority stakes in those agreements, says LitioMX CEO Pablo Taddei.  

• Taddei, during interviews to Reuters and Bloomberg in recent days, provided his most extensive discussion on his vision for the state entity, created in August 2022 as per the guidelines of lithium nationalization legislation passed four months earlier in April.  

• The CEO said the window of opportunity to develop lithium is only three or four decades compared to 200 years for oil and gas, where demand outstrips global production. He added, to Bloomberg, that LitioMx could “go it alone” but lacks the technological capacity to extract the mineral from the clay deposits found in Sonora.  

Source: Expansión