Lithium Reform Remains Under State Control: Supreme Court Ruling
By Fernando Mares | Journalist & Industry Analyst -
Thu, 04/02/2026 - 07:48
The Supreme Court (SCJN) validated the 2022 Mining Law reform that declared lithium a strategic resource under exclusive state control, rejecting a constitutional challenge filed by a minority of legislators. In other news, the US House of Representatives passed a bill authorizing the president to deny US port access to vessels using infrastructure expropriated from companies in free trade partner nations. This measure targets the ongoing dispute between Vulcan Materials Company and the Mexican government over the Punta Venado port.
Ready for more? This is your Weekly RoundUp!
Supreme Court Validates 2022 Lithium Reform
SCJN has validated the 2022 Mining Law reform that declared lithium a strategic resource under exclusive state control, rejecting a constitutional challenge filed by a minority of legislators and clearing the legal framework under which LitioMx operates, even as structural, budgetary, and technical obstacles continue to limit Mexico's ability to compete in a tightening global market.
GR Silver Mining Mourns the Death of CEO Márcio Fonseca
GR Silver Mining has announced the death of Márcio Fonseca, the company's President, CEO and Director. The company, as well as Mexico Business News, send their condolences to his family, friends and the mining community. His legacy, along with his optimism and care for people, will continue to impact the mining industry for years to come.
Torex Gold Posts 30% Growth in Inferred Resources
Canada-based precious and base metals producer Torex Gold Resources reported its year-end 2025 mineral reserve and resource estimates for its Mexican assets, highlighted by a 30% increase in Inferred Resources at the Morelos Complex and a planned investment of US$77 million for exploration for 2026. This growth was supported by an inaugural resource declaration at Media Luna West and drilling success at ELG Underground.
USMCA Panel Finds Labor Violations at Orla Mining
A panel established under the USMCA’s Rapid Response Labor Mechanism has found a "severe" denial of labor rights at the Camino Rojo mine owned by Orla Mining. The ruling marks one of the most detailed findings issued under the USMCA's labor enforcement mechanism and puts Orla Mining under pressure to implement a broad set of remedial measures or face further trade consequences under the treaty.
Middle East War Drives Aluminum to 4-Year High
Aluminum prices reached their highest level in four years on March 30 after Iranian airstrikes on two major Middle East producers over the weekend heightened the risk of a prolonged supply crisis, pushing the market closer to record territory. Benchmark three-month aluminum on the London Metal Exchange rose 4.7% to US$3,453/t as of 10:48 GMT, after touching US$3,492/t earlier in the session.
Gold Posts Worst Month Since 2013 as Iran War Hits Markets
Gold logged its worst monthly performance since the 2008 global financial crisis in March, falling more than 10% as the US-Iran war triggered a broad repricing of inflation expectations and drove investors toward liquidity over traditional safe-haven assets, even as late-session gains on peace signals trimmed the month's losses.
Vulcan Materials Dispute Reaches US Congress, USMCA Table
The US House of Representatives has approved the Defense of American Property Abroad Act of 2026, legislation that would allow the president to deny US port access to vessels operating through port infrastructure expropriated from companies in free trade agreement partner countries, a measure directed at the long-running dispute between Vulcan Materials Company and the Mexican government.







