• Latest
  • Trending
  • All
China, Australia battle for control of massive untapped lithium lode in the Democratic Republic of Congo

Nigeria moves to develop her battery minerals

September 2, 2022
Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

March 21, 2023
Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

March 20, 2023
Nigeria launches digital mineral title platform

Nigeria launches digital mineral title platform

November 12, 2022
South Africa’s mining industry posts 4th consecutive quarter of production decline.

Concern rises over South Africa’s coal addiction

September 8, 2022
Sabodala-Massawa, Senegal’s largest gold mine set to increase production

Sabodala-Massawa, Senegal’s largest gold mine set to increase production

September 6, 2022
Nigeria discovers commercial quantity high grade lithium, woos investors

Nigeria discovers commercial quantity high grade lithium, woos investors

September 4, 2022
Low nickel prices halt reopening of ARM’s Nkomati mine

Low nickel prices halt reopening of ARM’s Nkomati mine

September 3, 2022
Nigeria, Africa & the $8 Trillion Global Gold Market

Six killed in Burkina Faso gold convoy attack

August 29, 2022
South Africa’s mining industry posts 4th consecutive quarter of production decline.

South Africa’s mining industry posts 4th consecutive quarter of production decline.

August 27, 2022
Asante Gold begins operations at Bibiani mine processing plant

Nigeria, Africa & the $8 Trillion Global Gold Market

August 22, 2022
Platinum-rich Zimbabwe announces new taxes on platinum and lithium

Platinum-rich Zimbabwe announces new taxes on platinum and lithium

July 29, 2022

Giant pink diamond, Angola’s largest in 300 years, found by Lucapa

July 28, 2022
  • About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, March 22, 2023
  • Login
African Mining & Minerals
  • HOME
  • CENTRAL AFRICA
    • ANGOLA
    • CAMEROON
    • CENTRAL AFRICAN REPUBLIC
    • CHAD
    • CONGO, REPUBLIC OF (BRAZZAVILLE)
    • DEMOCRATIC REPUBLIC OF CONGO (KINSHASA)
    • EQUATORIAL GUINEA
    • GABON
  • EAST AFRICA
    • BURUNDI
    • COMOROS
    • DJIBOUTI
    • ERITREA
    • ETHIOPIA
    • KENYA
    • MADAGASCAR
    • MALAWI
    • MAURITIUS
    • MAYOTTE
    • MOZAMBIQUE
  • NORTH AFRICA
    • EGYPT
    • LIBYA
    • MAURITANIA
    • MOROCCO
    • TUNISIA
    • WEST SAHARA
    • ALGERIA
  • WEST AFRICA
    • BENIN
    • BURKINA FASO
    • CAPE VERDE
    • CÔTE D’IVOIRE
    • THE GAMBIA
    • GHANA
    • GUINEA
    • GUINEA-BISSAU
    • LIBERIA
    • MALI
    • NIGER
    • NIGERIA
    • SENEGAL
    • SIERRA LEONE
    • TOGO
  • SOUTHERN AFRICA
    • BOTSWANA
    • ESWATINI (SWAZILAND)
    • LESOTHO
    • NAMIBIA
    • SOUTH AFRICA
  • MINES
  • MINERALS
  • TRADING
  • TECHNOLOGY
  • BENEFICIATION
  • TRAINING
  • ENVIRONMENT
  • COMPANIES
  • CONTRACTS
  • FINANCE
  • MARKETS
  • FINISHED PRODUCTS
  • EVENTS
  • CONTACT US
African Mining & Minerals
No Result
View All Result
Home Battery Metals

Nigeria moves to develop her battery minerals

by admin01
September 2, 2022
in Battery Metals
0
China, Australia battle for control of massive untapped lithium lode in the Democratic Republic of Congo
501
SHARES
1.4k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Kasim Sumaina in Abuja

Nigeria’s Minister of Mines and Steel Development, Olamilekan Adegbite, says the West African nation and Africa’s largest oil producer has started concerted efforts to develop her rich endowment of battery minerals.

The minister, who gave a keynote address at a maiden summit on Future Minerals in the country, stated that a World Bank estimation has shown that a multiple demand for battery storage minerals, primarily comprising copper, cobalt, lithium, nickel, platinum group minerals, and to a lesser extent, aluminum, will grow 10 to 30 times by 2040.

The World Bank, he noted, also included chromium, graphite, manganese, rare earth elements and zinc, to the list following demand from electric vehicles and battery storage industries.

He added that from the World Bank report, “electric vehicles and battery storage would account for about half of the energy minerals demand over the next two decades, spurred by the increasing demand for battery materials.”

“Already, many nations are aggressively initiating policies and strategic models to ensure the accelerated development of these critical energy minerals. Last month, the United States Senate passed an Act with incentives for developing critical minerals. Australia is also considering investment packages to stimulate exploration, mining, and processing of these minerals. In addition, China has stepped up imports from developing nations to bolster critical minerals stockpiles.

“The 2015 Paris Agreement on Climate Change emphasises the need to decline the use of non-renewable components in energy generation. Renewable sources of energy provide an alternative to the energy transition economy.

“The consequence of this major shift is a high demand for critical minerals for use in climate-friendly technologies. The World Bank has estimated the demand for these minerals to escalate by 2040. Undoubtedly, the deployment of critical minerals for a clean energy transition will remain significantly intensive for a long time.”

“We (Nigeria) cannot be left out of the global rush to develop our vast deposits of these mineral resources. This administration has taken so many fundamental steps to explore our deposits of these minerals to salvage the low electricity generation by diversifying the country’s energy mix towards renewable alternatives. Nigeria has no other choice but to join the global race in developing the critical minerals value chain.”

Adegbite further disclosed that Nigeria is richly endowed with these critical minerals, stating that: “Lithium and tantalite are found in parts of the extensive pegmatite belts of Nigeria. Lithium is mined by artisanal miners in Kogi, Kwara, Ekiti and Cross River States. Tantalite, tin and nickel are found in Plateau, Nasarawa, Kogi, and several other states. A large amount of rare earth minerals ore was discovered in pegmatite and granites in Nigeria. Graphite is also found in Kaduna State.”

He said the federal government has recorded a breakthrough in the exploration of strategic minerals under the National integrated Mineral Exploration Programme (NIMEP), adding that the Ministry of Mines and Steel Development has commenced the design of a robust strategic framework to create a thriving critical minerals industry.

Share200Tweet125Send
admin01

admin01

  • Trending
  • Comments
  • Latest
The History of Mining in Africa

The History of Mining in Africa

October 5, 2020
SPECIAL REPORT ON NIGERIA

Top 10 Risks and Opportunities for the Mining Sector in 2021

April 12, 2021
Nigeria moves to become West Africa’s largest steel producer

Nigeria moves to become West Africa’s largest steel producer

June 25, 2020
The DRC and China’s Sicomines: why future deals should be different

The DRC and China’s Sicomines: why future deals should be different

2

Buy, Rent or Lease- Homes, Offices or Lands NIGERIA

0

PMI Limited: Your energy partner for success

0
Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

March 21, 2023
Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

March 20, 2023
Nigeria launches digital mineral title platform

Nigeria launches digital mineral title platform

November 12, 2022
African Mining & Minerals

Copyright © 2020 African Mining and Minerals.Com. A PAN MEDIA COMPANY ABUJA, NIGERIA.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • HOME
  • CENTRAL AFRICA
    • ANGOLA
    • CAMEROON
    • CENTRAL AFRICAN REPUBLIC
    • CHAD
    • CONGO, REPUBLIC OF (BRAZZAVILLE)
    • DEMOCRATIC REPUBLIC OF CONGO (KINSHASA)
    • EQUATORIAL GUINEA
    • GABON
  • EAST AFRICA
    • BURUNDI
    • COMOROS
    • DJIBOUTI
    • ERITREA
    • ETHIOPIA
    • KENYA
    • MADAGASCAR
    • MALAWI
    • MAURITIUS
    • MAYOTTE
    • MOZAMBIQUE
  • NORTH AFRICA
    • EGYPT
    • LIBYA
    • MAURITANIA
    • MOROCCO
    • TUNISIA
    • WEST SAHARA
    • ALGERIA
  • WEST AFRICA
    • BENIN
    • BURKINA FASO
    • CAPE VERDE
    • CÔTE D’IVOIRE
    • THE GAMBIA
    • GHANA
    • GUINEA
    • GUINEA-BISSAU
    • LIBERIA
    • MALI
    • NIGER
    • NIGERIA
    • SENEGAL
    • SIERRA LEONE
    • TOGO
  • SOUTHERN AFRICA
    • BOTSWANA
    • ESWATINI (SWAZILAND)
    • LESOTHO
    • NAMIBIA
    • SOUTH AFRICA
  • MINES
  • MINERALS
  • TRADING
  • TECHNOLOGY
  • BENEFICIATION
  • TRAINING
  • ENVIRONMENT
  • COMPANIES
  • CONTRACTS
  • FINANCE
  • MARKETS
  • FINISHED PRODUCTS
  • EVENTS
  • CONTACT US

Copyright © 2020 African Mining and Minerals.Com. A PAN MEDIA COMPANY ABUJA, NIGERIA.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In