Mexico's President Sheinbaum says that no critical minerals deal has been signed with the US but has agreed to begin talks on a deal

• Government will work on recovering more than 200 mining concessions.
• Seeking voluntary return of unused concessions.

President Sheinbaum's comments suggest that while no formal agreement on critical minerals has been reached with the US, the initiation of talks indicates a willingness to engage on trade issues crucial for both nations. The mention of recovering over 200 mining concessions could signal potential regulatory shifts, impacting investment flows and the broader commodities market, especially for critical resources such as lithium and copper.