Kia and Hyundai to build EVs in Mexico

by Little Guy @, Saturday, May 20, 2023, 22:39 (13 days ago) @ midalake

> Mexico happens to be home to the world's largest lithium deposits. AMLO could nationalize that resource and send every Mexican citizen a check.

Mexico is not even in the top 10 countries of lithium deposits. ;-)

These statements are not mutually exclusive.

With reserves of some 244 million tonnes, lithium deposits discovered by the Canadian company Bacanora in the northeastern Mexican state of Sonora are the world’s largest, containing significantly more than the second-placed Thacker Pass site in the US state of Nevada (178 million tonnes), Mexico’s under secretary of mining Francisco Quiroga claimed in December.

The lithium deposits discovered in Sonora are the biggest in the world.

Other countries have multiple sites of lithium deposits, making their total reserves larger.

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