Particle.news
Download on the App Store

Mexico Mining Industry Urges Faster Project Approvals to Unlock $4 Billion

Industry leaders blame slow permits plus security risks for stalled billions in investment.

Overview

  • AIMMGM president Rubén del Pozo called on the federal government to accelerate approvals for large exploration and exploitation projects.
  • He said several major projects valued at about $4 billion are currently on hold, discouraging new capital commitments.
  • The sector reports a pipeline of more than 160 projects with roughly 60% holding definitive approval, yet permitting bottlenecks under the updated mining law remain.
  • Executives highlighted insecurity and uncertainty over worker safety as additional barriers that impede growth in mining operations.
  • Industry representatives say the Sheinbaum administration has opened dialogue on critical minerals as the T-MEC review nears, and they will gather in April in Chihuahua to assess next steps.