Mexico Wants Metals but Does Not Want Mines. What’s Wrong Here?

The world wants to advance to an economy that is based on renewable energy and electric mobility. This requires the supply of metals for the equipment that takes energy from the sun or the wind, as well as the metals that are required for electric mobility; therefore, the world wants lithium, copper, nickel, cobalt and steel, mainly. Where will these metals come from if not from mines that can operate in a regulatory and socially favorable environment, one that provides certainty to investors about the rules that will apply to the business? Remember that a mine does not develop overnight; it requires considerable time and investment ⁠— we are talking about seven to 14 years, between exploration (three to six years), feasibility studies (two to four years), permits (one to two years) and construction (one to two years).

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