Mexico’s proposed higher mining royalties could block nearly $7bn in investments

Mexico's proposed increase in mining royalties, which could significantly impact the mining sector by deterring investments worth nearly $7 billion. The government aims to raise royalty rates on mineral production as part of a broader tax reform initiative. Industry stakeholders have expressed concerns that these changes might reduce Mexico's competitiveness, making it less attractive to foreign and local investors. The policy could jeopardize the development of new mining projects, disrupt operations, and potentially lead to job losses in mining-dependent regions.