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Nigeria will partner with China to invest in and build a lithium processing plant
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Release time：2025-05-28
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These factories are part of Nigeria's commitment to leveraging its abundant mineral resources to boost economic development.
According to Reuters, Nigeria is preparing to launch two large-scale lithium processing plants this year, marking a strategic shift from exporting raw minerals to enhancing domestic value. Nigeria's Minister of Mines and Steel Development, Dele Alake, announced on Sunday that these facilities, backed by Chinese investors, are expected to boost employment, technological advancement, and manufacturing growth in Nigeria. According to Alake, a $600 million (949.66 billion Naira) lithium processing plant near the Kaduna-Niger border is scheduled to begin operations this quarter.
Additionally, reports indicate that a $200 million lithium refinery on the outskirts of Abuja is nearing completion. These plants are part of Nigeria's commitment to leveraging its abundant mineral resources to drive economic development. The minister revealed plans to establish two more processing plants in Nasarawa State, near the capital Abuja, expected to be operational before the third quarter of 2025. According to state governors, Chinese companies such as Nine Dragons Lithium and Tianma Group provided over 80% of the financing for the four plants. The remaining shares are held by local company Three Crown Mines. The Chinese partners have yet to comment. The news agency quoted Alake as saying, "We are now focused on translating mineral wealth into domestic economic value—jobs, technology, and manufacturing."
A 2022 study by the Nigerian Geological Survey Agency revealed significant high-grade lithium deposits in several Nigerian states, sparking considerable international interest and prompting a focus on domestic processing. These findings are crucial to Nigeria's broader reforms aimed at revitalizing its underdeveloped mining sector, which currently contributes less than 1% to Nigeria's GDP. Nigeria has also implemented other measures, including restricting the export of unprocessed minerals, regulating artisanal mining, and establishing a state-owned mining company offering up to 75% equity to investors. Last April, the Nigerian government announced that new mining licenses would be granted exclusively to companies planning to process minerals locally, marking a shift from its long-standing policy of exporting raw materials. A government spokesperson emphasized the goal of maximizing the value of Nigeria's solid mineral reserves.
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