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Elon Musk’s Worst Nightmare: Mexico Nationalizes Lithium
Mexico’s Congress nationalized its lithium reserves this week. Prior to the controversial vote, a recall vote on President Andrés Manuel López Obrador drastically failed – he won with more than 91% of the 16.5 million votes. Now the U.S. corporate media is attacking him more than ever. Is Mexico turning to the left? Could Washington try to sabotage this new nationalistic turn?
Alina Duarte, independent journalist & senior research fellow at the Council on Hemispheric Affairs, explains.
Jose Ramos
If you have time to read about it in yesterday’s newsletter (https://nomeloplagies.substack.com/p/la-nacionalizacion-del-litio-en-mexico?r=1gksxy&s=w&utm_campaign=post&utm_medium=web), it’s not even a bad dream for Elon, in fact there is no lithium production in Mexico. This buffonery from AMLO is in response to a Congress decision denying their approval to his New Electric Law, so changes to the Mining Law has no real consequences.