On August 23, 2022, President of Mexico Andres Manuel Lopez Obrador issued a Decree (published in the Diario Oficial de la Federacion on August 24, 2022) setting up a new state-owned company called LitioMx (Litio para Mexico), which will be responsible for managing the exploration, mining exploitation, and refining of lithium1 throughout the national territory of Mexico, as well as controlling the economic value chains of this mineral.2 The new