On May 13, 2026, the Institutional Program of the Mining Development Trust (FIFOMI) was published in the Federal Official Gazette, a significant update that redefines the operational and programmatic focus of this institution. This program is aimed at strengthening financing, training, and technical assistance for the national mining sector and its value chain.
The new FIFOMI program focuses primarily on institutional strengthening and defining its operational guidelines. However, it also sends a clear message regarding the Federal Government’s current vision and priorities for the mining industry: to reposition FIFOMI as a key mechanism for promoting economic growth, social development, and sustainability in the sector.
Among the most relevant aspects of the program for mining companies are the following:
- The program recognizes the need to attract foreign investment in order to harness the country’s geological potential, so that its implementation stimulates regional and social development.
- The Federal Government identifies mining as a strategic industry and emphasizes the need to develop mining projects aligned with environmental, social, and human rights standards, promoting public policies oriented toward sustainability and social well-being.
- FIFOMI will expand financing schemes aimed primarily at mining MSMEs and related companies through working capital loans, start-up or equipment financing, financial leasing, factoring, and revolving lines of credit.
- The program emphasizes regional integration and the development of “Well-being Hubs” and local production chains, prioritizing projects that generate employment, domestic content, industrial linkages, and community development. It favors projects with demonstrable regional impact and mining models with a greater social component and reliance on local suppliers.
- FIFOMI will expand its focus beyond traditional mining extraction to include supply chain activities, processing, specialized services, maintenance, transportation, and mining-related manufacturing. This means that not only companies holding mining projects but also companies integrated into the mining supply chain will be eligible for the program.
From a strategic perspective, FIFOMI’s new institutional program outlines a series of action plans aimed at strengthening the competitiveness and sustainability of the national mining sector, aligning primarily with three government objectives: (i) improving access to financing mechanisms; (ii) strengthening value chains, procurement, and supply chains; and (iii) promoting social development through economic and productive growth in the sector.
At ALN Mining Law Firm, we are at your call to provide advice on how to take advantage of the programs offered by FIFOMI, as well as strategic planning to ensure maximum benefit for your projects in the mining sector.
Juan Carlos Luévano López
Associate
