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ARTICLE · 19 MAY 2023

Mexico's Mining Reforms: Another Test For The Industry

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In the late hours of April 28, 2023, Mexico's Senate approved into law a sweeping range of reforms affecting the mining industry. The original proposal, raised in late March 2023 by President López Obrador...

MexicoEnergy and Natural Resources
Juliya Arbisman
Juliya Arbisman
Luis G. Fortuño
Luis G. Fortuño

In the late hours of April 28, 2023, Mexico's Senate approved into law a sweeping range of reforms affecting the mining industry. The original proposal, raised in late March 2023 by President López Obrador as a suite of a dozen bills, included the Mining Law, National Water Law, General Law of Ecological Equilibrium and Environmental Protection, and General Law for Prevention and Integral Management of Waste Residues.

After some original indications by the Senate that it would evaluate the legislation without expedition, the President's Movimiento Regeneración Nacional (MORENA) party managed a rapid and radical result over the course of a weekend.

This article proceeds to discuss the main aspects of the new law, considering Mexico's existing obligations under international law. It submits that Mexico will need to tread carefully implementing the mining reforms in light of the anticipated investment and technical expertise required to become a dominant lithium

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