₦airaland Forum

Nasarawa State Governor, Abdullahi Sule, has expressed satisfaction with progress of work at the site of construction of a lithium factory owned by a Chinese firm, Landmark Lithium Mining Company in Nasarawa Local Government Area.

Briefing journalists immediately after inspecting the constitution site at Nasarawa Local Government Area, the Governor expressed confidence that the lithium factory estimated to cost one hundred million USD, with 3000 tones of lithium expected to be produced per day, will give a boost to the industrialization drive of his administration.

Gov. Sule said: “Lithium is one of the most attractive and most expensive minerals that is being traded in the world market today. In fact, it has risen over ten times its price today. Lithium is what people are using to produce batteries, either solar batteries or even the battery you have in your car. It has been mentioned over time that Nasarawa State is one of the states with the highest quantity of lithium in the North Central part of Nigeria.

“There is also lithium in Kwara, Niger, and Kogi, but Nasarawa State has been so lucky to have the largest commercial quantity.”

He added that it is a dream come true for his administration’s industrialization drive having encouraged the Chinese company to not only start mining lithium but to construct a factory and to pursue the value chain addition by producing finished products at the factory rather than taking the raw lithium out of the state.

“They have only about 50 Chinese working here and about 500 local Nigerians that are working here. That is ten times the number of Chinese people who are working here,” He added.

Source: https://dailytrust.com/gov-sule-inspects-of-3000-tones-per-day-lithium-factory/

Lithium is crucial for various industries due to its unique properties. It is a key component in rechargeable batteries, powering devices like smartphones, electric vehicles, and renewable energy systems. it is the next oil !!!

FG should take it up.


I am not okay with Chinese taking over the mining site

Cool if true

sit at home continues

I remember that Elon Musk once approached Nigeria government on mining lithium in Nigeria. Our minister told his delegates that he needs to establish the factory that will turn the raw material to finished product, he declined and never reopen the discussion.
At times I wonder if Americans really want Africa to grow. Seems they are only interested in what they can get from Africa.

Good one

Will Niger Delta benefit from this natural resources the same way the north has controlled and benefited from Our Oyel?

What will Ogun produce?

💀 💀💀💀💀💀💀💀💀💀

Nice

more money for the state

lwisee:
I remember that Elon Musk once approached Nigeria government on mining lithium in Nigeria. Our minister told his delegates that he needs to establish the factory that will turn the raw material to finished product, he declined and never reopen the discussion.
At times I wonder if Americans really want Africa to grow. Seems they are only interested in what they can get from Africa.

They are nor forcing you to sell your minerals. You can't expect foreign investors to come and invest where it isn't viable or feasible for them. The govt should be wooing investors not giving them conditions. Why haven't the govt asked countries buying crude oil to come and set up refineries in the country?

Guyman01:
Will Niger Delta benefit from this natural resources the same way the north has controlled and benefited from Our Oyel?

The gold in zamfara are we benefitting from it?

Nbote:
They are nor forcing you to sell your minerals. You can't expect foreign investors to come and invest where it isn't viable or feasible for them. The govt should be wooing investors not giving them conditions. Why haven't the govt asked countries buying crude oil to come and set up refineries in the country?

The spain company that cane to kerbing to establish a tomato processing plant, they kidnapped their expats. Immediately they were released the closed the industry and went back. Buhari even travelled to Spain then to beg them to come back.

Good development. The northern politicians will soon claim ownership

Lithium belongs to Nasarawwa state and her people
They own the mining licenses and decide the value chain...

While Niger Deltans have no control over the oil in their region

They have stated the noise making again!
The next time you will look into it nowstory go start

ZitaMall:
The spain company that cane to kerbing to establish a tomato processing plant, they kidnapped their expats. Immediately they were released the closed the industry and went back. Buhari even travelled to Spain then to beg them to come back.

Please remind them o

ZitaMall:
The gold in zamfara are we benefitting from it?

You even see mining sef
Osun good dey there o🤧🤧🤧

Interesting, but it's high time we've started harnessing our resources ourselves, enough of the expatriates...

Nbote:
They are nor forcing you to sell your minerals. You can't expect foreign investors to come and invest where it isn't viable or feasible for them. The govt should be wooing investors not giving them conditions. Why haven't the govt asked countries buying crude oil to come and set up refineries in the country?

So were the Chinese company forced to build a 100 million dollar Lithium factory in Nasarawa?

chiefolododo:
FG should take it up.


I am not okay with Chinese taking over the mining site

Ordinary refinery and airline, your government can't run them. And you want government to take over a private mining company.

Beware of the Chinese.Their exploitative tendencies are the stuff of legends..

lwisee:
So were the Chinese company forced to build a 100 million dollar Lithium factory in Nasarawa?

Are the Chinese turning the lithium to finished products? Would the factory be making end products of lithium? The same Chinese that have been lending us money left right and centre

Nbote:
Are the Chinese turning the lithium to finished products? Would the factory be making end products of lithium? The same Chinese that have been lending us money left right and centre

Yes that's what they will do. Nigeria of today will not allow your ship out our Lithium as raw material. Go and verify

@nbote

The highlighted part below is for clarification and reference purposes.

Nbote:
Are the Chinese turning the lithium to finished products? Would the factory be making end products of lithium?

Yes

This is a welcome development