Impact on mining industry of diverse federal law reforms in Mexico
Dear clients and friends, Please find as follows some considerations in relation to diverse federal law reforms and their impact within the mining industry: · Impact of the electrical reform on the mining industry, especially the part of strategic minerals. The amendments to the Law of the Electric Industry were published at the Official Gazette of the Federation on March 9th, 2021, with a clear purpose of prioritizing the energy generated by the state controlled “Comi
Factors that will make legal framework in Mexico more powerful and independent for mining activities
There are different factors that will help this purpose: First, the Mining industry in Mexico is very strong and well respected, there are more than 575 mining companies operating in Mexico, which generate more than 370k direct jobs and more than 300 out of this companies have foreign capital investments. This is very relevant since Mexico is still one of the most attractive countries in Latin America for mining exploration and the supply chain of the industry is perfectly in
