Nigeria to open two Chinese-backed lithium processing plants this year
- Nigeria will commission two large Chinese-backed lithium processing plants in 2025 at locations near Kaduna-Niger border and Abuja.
- This development follows Nigeria's 2022 discovery of extensive lithium deposits and a government ban on unprocessed mineral exports to encourage local refining.
- The projects, mostly funded by Chinese firms with about 20% Nigerian ownership, include additional plants expected in Nasarawa state before Q3 2025 to boost domestic processing capacity.
- Mining Minister Dele Alake emphasized that the initiatives will generate employment opportunities, enhance technological capabilities, and boost the domestic economy, aligning with President Bola Tinubu's strategic goals for expanding the mineral sector.
- These plants signify Nigeria's strategic shift toward value addition in mining, aiming to leverage lithium for industrialization and reduce reliance on raw exports.
14 Articles
14 Articles
Nigeria to Commission Two Major Lithium Plants from China Worth $800 Million
Nigerian Mining Minister Dele Alake announced on Monday that his government will commission two large lithium processing plants from Chinese firms this year, one of them valued at $600 million and the other at $200 million. The post Nigeria to Commission Two Major Lithium Plants from China Worth $800 Million appeared first on Breitbart.
Nigeria to open two Chinese-backed lithium processing plants this year
Nigeria is set to commission two major lithium processing plants this year, the country's mining minister announced on Sunday, marking a shift from raw mineral exports towards adding value domestically.
Two New Chinese-Backed Lithium Processing Plants Planned in Nigeria
Plans are in place for two major lithium processing plants to be commissioned in Nigeria this year, a move that comes as countries across the African continent strive to add more value domestically and enhance leadership across the metals value chain. Speaking on the plans, Dele Alake, Mining Minister for Nigeria noted, “We are now focused on turning our mineral wealth into domestic economic value – jobs, technology, and manufacturing.” The plan…
Nigeria Partners with Chinese Investors on Two New Lithium Processing Plants
Nigeria is making bold moves to transform its mining sector by launching two major lithium processing plants this year, with significant backing from Chinese investors. According to the country’s mining minister, a $600 million facility near the Kaduna-Niger border will be commissioned this quarter, with another, a $200 million refinery near the nation’s capital, nearing completion. Alake […]
Nigeria Set To Launch Lithium Plants Backed By Chinese Investment
Nigeria is making a decisive shift from raw mineral exports to domestic processing with the impending launch of two lithium plants backed by Chinese investment, Mining Minister Dele Alake announced. The move forms part of a broader strategy to transform the country’s mining sector into a driver of industrialisation, job creation, and technological advancement. A $600 million (N949.66 billion) lithium processing facility near the Kaduna-Niger bor…
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