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Why is lithium important in Nigeria?

um Deposits in Nigeria Lithium has become an important resource given its role in the lobal energy transition. It has become vital to accelerating the clean energy transition. Lithium-ion batteries are energy-dense, storing more energy in a given volume or weight t

Can Nigeria become a major player in lithium-ion battery production?

Nigeria faces a long journey to becoming a major player in the lithium-ion battery production industry. The entire lithium battery-grade compound production process requires significant energy resources, technological expertise, infrastructure, and essential chemical supply chains, which the country currently lacks.

Where is lithium found in Nigeria?

y’s lithium reserves. Exploration surveys commissioned by the Ministry of Mines and Steel Development (now Ministry of Solid Minerals Development) under the National Integrated Mineral Exploration Project (NIMEP) discovered significant lithium-bearing minerals in Kwara, Ekiti state, Ogun state, Nas

Which companies are building lithium processing plants in Nigeria?

capacity in the country. In 2023, Chinese companies Ming Xin Mineral Separation Nig Ltd (in Kaduna) and Ganfeng Lithium Industry Limited (in Nasarawa) commenced the construction of l thium processing plants. In April 2024, Nigerian Company ABSA group began the construction of a 1.6 million tons yearly lithium ore s

Why is Nigeria pursuing a 'value addition' policy for lithium mining?

As global demand for lithium grows, Nigeria’s deposits will become increasingly valuable. To avoid past mistakes in the oil and gas sector, the Nigerian government is adopting a "value addition" policy for lithium mining, tying mining approvals to investments in midstream and downstream segments like refining, processing, and battery production.

How to develop a lithium battery production value chain?

Developing the lithium battery production value chain typically involves stages: mining capacity development, refining and processing infrastructure, and battery production. While some companies have started constructing lithium processing plants in Nigeria, it remains unclear if these will produce battery-grade lithium compounds.