Posted 10/18/2023, 9:33:45 PM
Nigeria Tightens Lithium Mining Rules to Require Local Processing and Benefits
- Nigeria tightening rules around mining lithium to require processing plants before export.
- New licensing requires mining companies show plans to benefit local communities.
- Chinese company building lithium plant in Nigeria to process 18,000 tons per day.
- Government wants to diversify economy away from oil dependence.
- Concerns about environmental impact of lithium mining being addressed through mining regulations.