✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Gov. Sule inspects of 3000 tones per day lithium factory

 

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.

SPONSOR AD

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.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

NEWS UPDATE: Nigerians have been finally approved to earn Dollars from home, acquire premium domains for as low as $1500, profit as much as $22,000 (₦37million+).


Click here to start.