- Chinese Firms Inject $1.3 Billion into Nigeria’s Lithium Processing – Alake
- Alake reaffirmed Nigeria’s commitment to strengthening continental collaboration in mineral exploration, reporting standards, and knowledge sharing
- He urged more investors to key into Nigeria’s reformed mining sector
The Minister of Solid Minerals Development, Dr. Dele Alake, has revealed that Chinese companies have invested over $1.3 billion in lithium processing projects across Nigeria.
Eko Hot Blog reports that Alake made this known while speaking at the 2025 China Mining Conference held in Tianjin, China, with the theme “Connect and Collaborate, Co-Build and Co-Share.”
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Reviewing China’s mining activities in Nigeria, the minister commended firms such as Canmax Technology, Jiuling Lithium, Avatar New Energy Nigeria Company, and Asba, noting that their investments since September 2023 have significantly boosted Nigeria’s economic diversification efforts.
“These investments have attracted infrastructure, technology transfer, and expertise while reducing Nigeria’s dependence on oil,” Alake said.
“Joint ventures between Chinese and Nigerian firms are also enhancing local skills and capacity among engineers and workers.”
He urged more investors to key into Nigeria’s reformed mining sector, highlighting security initiatives such as the Mining Marshals and satellite monitoring systems to curb illegal mining and safeguard licensed operators.
According to him, the government has introduced digital tools like the Electronic Mining Cadastre (eMC+) and the Nigerian Mineral Resources Decision System (NMRDS) to enhance transparency and ease of doing business.
Alake, who also chairs the Africa Minerals Strategy Group (AMSG), reaffirmed Nigeria’s commitment to strengthening continental collaboration in mineral exploration, reporting standards, and knowledge sharing.
He added that the government plans to expand the Centres of Excellence in Geosciences and Mining Skills and increase the role of the Solid Minerals Development Fund (SMDF) in de-risking early-stage exploration.
“Nigeria’s vision goes beyond extraction, we aim to build a globally competitive value chain that drives clean energy transition, industrial growth, and job creation within a framework of responsible mining,” Alake said.
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