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President of Mexico nationalizes lithium

Green Car Congress

A number of foreign companies are interested in developing lithium deposits in Mexico; in September 2022, the finance ministry valued the lithium deposit in Sonora state as worth as much as 12 trillion Mexican pesos (US$653 billion, currently). World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.

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Mexico forms state-run company to mine lithium: Litio para Mexico

Green Car Congress

Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. million tons of identified lithium resources, ranking the country 10 th in the world behind Bolivia, Argentina, Chile, the US, Australia, China, Congo, Canada and Germany. According to the USGS, Mexico has 1.7

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GM leads $50M funding round in EnergyX; advanced lithium extraction and refining technology

Green Car Congress

GM Ventures is leading a $50-million Series B financing round in EnergyX , and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. We’re energized by GM’s investment and will keep a ‘Day 1’ attitude as we pursue our goal of making EnergyX the biggest lithium company in the world.

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The Lithium Race Has Been Red-Flagged In Argentina

The Truth About Cars

The lithium sector in South America’s "lithium triangle," which spans Argentina, Chile, and Bolivia, has long been central to the global race for extracting the battery metal needed for electric vehicles. This has been driven by oversupply and weaker-than-expected demand for EVs, impacting profitability and financing across the sector.

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Made-in-India two-wheeler exports finally on the upswing | Autocar Professional

Baua Electric

Let’s take a closer look at the top exporting companies. As per Bajaj Auto’s FY2024 performance commentary, the company continues to see robust growth in Latin America as well as the MENA (Middle East and North Africa), which has to some extent alleviated the slowdown in demand from Africa and Asia. The longstanding No.

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