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LitioMx's 2026 Budget Neglects Project Investment
By MBN Staff - Wed, 09/10/2025 - 11:45
The proposed 2026 budget for LitioMx is earmarked for operating costs, making this the third straight year without project investment funding.
https://mexicobusiness.news/tag/ganfeng-lithium
More Mining
The Year in Mining: Government Shift Brings Renewed Hope
By Paloma Duran - Thu, 01/02/2025 - 09:46
The sector underwent a pivotal shift in 2024, transitioning from López Obrador’s to Claudia Sheinbaum’s administration, fostering renewed optimism.
SCJN Denies Amparo Against Lithium Nationalization
By Fernando Mares - Wed, 12/11/2024 - 09:59
SCJN confirmed the Mexican government's exclusive control over lithium, dismissing Grupo Bararal's challenge to the 2022 Mining Law reform.
Sheinbaum's Administration to Develop Lithium Production Chain
By Paloma Duran - Tue, 10/08/2024 - 13:18
New technology and strategic alliances have laid the groundwork for the establishment of a lithium production chain, says Sheinbaum.
Ganfeng to Prioritize High-Return Projects in the Short-Term
By Paloma Duran - Tue, 09/03/2024 - 11:49
As the lithium market faces oversupply and declining prices, Ganfeng will prioritize only high-return projects.

Industrias Peñoles Hit by Cybercriminals
By Fernando Mares - Thu, 08/08/2024 - 13:43
Peñoles’ IT team is investigating the incident and taking necessary precautions to address the issue. Keep up with this week’s top mining stories!
Lithium Industry Will Move Forward: Buenrostro
By Paloma Duran - Mon, 08/05/2024 - 14:17
Despite the legal dispute with Ganfeng Lithium creating uncertainty in the lithium industry, the government will continue to advance its development.
Torex Gold’s ELG Mine Became Mexico’s Top Gold Producer
By Fernando Mares - Fri, 07/26/2024 - 09:25
Torex Gold’s El Limon-Guajes surpassed Newmont’s Peñasquito mine as the top gold producer. Keep up with this week’s mining stories!
Ganfeng Lithium Could Lose Dispute Over Concessions: Sheinbaum
By Paloma Duran - Mon, 07/22/2024 - 11:09
Sheinbaum asserts that, due to the absence of mining activity in the area, the concessions should be transferred to the state.

Mexico to Seek Agreement With Ganfeng Lithium
By MBN Staff - Fri, 06/28/2024 - 09:51
President López Obrador said the granted concessions did not specify the extraction of lithium, a mineral recently reserved for the state.