President Claudia Sheinbaum emphasized that Mexico's critical minerals are exclusively owned by the country and are not subject to negotiation during a briefing.
In a press conference at the National Palace, President Claudia Sheinbaum reiterated Mexico's sovereignty over its critical minerals, stating they are not available for negotiation. She clarified that her government's participation in a working group convened by the United States, which includes 54 nations and the European Commission, does not imply any relinquishment of mineral reserves. She underlined that the constitution protects these resources, ensuring they remain under Mexican jurisdiction.
Additionally, Mexico's Economy Secretary Marcelo Ebrard pointed out the country's priority in this international collaboration is to ensure a steady supply of critical minerals. He highlighted existing shortages of essential minerals such as titanium and chromium, which are vital for various industries. The government aims to bolster its mineral supply chains while maintaining strict control over national resources.
This stance on critical minerals reflects a broader strategy by the Mexican government to assert its resource sovereignty and enhance domestic production capabilities. By clarifying its position on mineral negotiations, Mexico seeks to strengthen its negotiating power in international forums while fostering local industry development in alignment with constitutional mandates.
