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Mexican official hit after call to nationalize lithium mines

Published Wed Jun 24 2020 20:50:56 GMT+0000 (Coordinated Universal Time)
Mexico's largest union group is criticizing calls by the environment secretary to nationalize the country's newly-discovered lithium deposits, considered among the largest in the world. The Mexican Workers Federation, known as the CTM claimed the nationalization proposal would scare off foreign investment and called it “ideological fanaticism.” The CTM represents some mine workers. A joint project by Chinese and English companies are developing what may become the largest lithium mine in the world in northern Sonora state. But Environment Secretary Victor Toledo said last week the government should control lithium mining, and then perhaps name a private or government-owned company to run it.
by Associated Press
Mexican official hit after call to nationalize lithium mines
Mexican official hit after call to nationalize lithium mines