According to the BNAmericas website, the Argentine left-wing parliamentary group submitted a bill to the lower house to declare lithium as a strategic mineral, revise the mining law and the mining investment law.
"Foreign monopolies easily control lithium resources.
Instead of implementing lithium industrialization in our country, they plundered lithium resources, but left behind pollution.
We have lost the platinum," local media quoted Juan Carlos Alderete, leader of the Corriente Clasista y Combativa (Corriente Clasista y Combativa), as saying.
The bill, driven by the ruling Frente de Todos party, is following the example of Mexico and Chile.
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More recently, Chile has proposed a lithium strategy with state ownership as its main content.
The bill applies retrospective principles and will affect mineral rights granted before the bill was enacted, but after a one-year implementation period.
The bill states that natural resources are related to national sovereignty, territorial integrity and economic independence.
Argentina is the world's major lithium producer, and its resources account for more than 20% of the world's total.
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