MEXICO CITY, June 27 (Reuters) - Mexican President
Andres Manuel Lopez Obrador said on Thursday that his government
will seek an agreement with Chinese lithium miner Ganfeng while
still defending Mexico's rights, after the firm filed an
arbitration case over a disputed concession.
Lopez Obrador did not flesh out a potential agreement that
could resolve the dispute, but instead stressed his government's
successful push in 2022 to nationalize Mexico's lithium
industry, which reserves the mineral's future production for the
state.
The president, who has long-favored resource extraction
activities controlled by the government instead of private
producers, suggested the dispute with Ganfeng traces back to
confusion over how concessions were granted by previous
governments.
"That's because we believe that the country had
previously given out, and we think gave out (mining concessions)
in a generic way, not specifically for lithium but instead for
mining and we don't think it applies," he said.
There is currently no commercial production in Mexico of the
ultra-light metal used to make rechargeable batteries,
especially for electric vehicles.
Lopez Obrador, whose term as president ends in September,
noted that public-private partnerships for lithium projects are
allowed.
Late last week, China's Ganfeng and two of its units
registered an arbitration case against the Mexican government
over a mining concession in northern Mexico with the World
Bank's dispute settlement center.
Shanghai-based Ganfeng is a top global battery maker and
lithium miner.