The Mexican government, led by President Claudia Sheinbaum Pardo, is on a mission to recover more than 200 unproductive mining concessions that have not been utilized. During a morning press conference held at the Palacio Nacional, Sheinbaum outlined the ongoing collaborative action plan regarding critical minerals with the United States, while clarifying that no official agreements have yet been signed. The essence of this plan is to ensure sovereignty, with each nation conducting its own investigations into mineral resources.

Sheinbaum emphasized that this initiative does not entail altering any legislation or starting new mining operations. She reassured the public that Mexico is not relinquishing its natural resources, indicating a strong commitment to national sovereignty over critical minerals like silver and gold. The President expressed a vision for fair trade in these minerals globally, advocating for equal access and distribution to prevent concentration in specific regions and to deter exploitative commercialization practices.

This focus on recovering unproductive concessions aligns with a broader strategy to manage Mexico's mineral assets responsibly and sustainably. By taking back underutilized concessions, the government aims to bolster economic development and optimize the use of natural resources. The implications of this policy could also foster stronger negotiations related to mineral trade and cooperation with international partners, particularly in the context of global supply chains that heavily rely on these essential materials.