Nigeria uncovers major deposits of platinum, lithium, and rare metals in Kaduna
The Federal Government has announced a significant discovery of polymetallic mineral resources in Kaduna State. Dele Alake, Minister of Solid Minerals Development, revealed that the find includes platinum group metals, gold, nickel, copper, lithium, and rare earth elements. The discovery was verified by the Nigerian Geological Survey Agency and is seen as a major boost for Nigeria’s mining sector. Bola Tinubu’s administration is focusing on reforms to drive investment and local processing in the solid minerals sector.
What we know
- Dele Alake stated that the new mineral province in Kaduna contains high-grade deposits of strategic minerals.
- The discovery was made by a private company in collaboration with the Nigerian Geological Survey Agency.
- Nigeria is shifting from exporting raw minerals to encouraging local processing and value addition.
- Investments in lithium processing and mineral refining are increasing, with several large projects completed or underway.
- Steron Mining and Company Limited estimates 3.3 million metric tonnes of lithium reserves at its Abuja site, with total mineral resources at 94.8 million metric tonnes.
