Nigeria’s Minister of Solid Minerals Development, Dele Alake, says Chinese companies have invested over $1.3 billion in lithium processing projects across the country, signalling renewed investor confidence in the nation’s mining reforms.
Speaking at the China Mining Conference in Tianjin, Mr Alake said the investments by firms including Canmax Technology, Jiuling Lithium, and Avatar New Energy mark a major boost to Nigeria’s drive to diversify its economy away from oil dependence. He credited the surge to policy, security, and technological reforms introduced under President Bola Tinubu’s administration.
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The minister also cited new digital systems and the deployment of Mining Marshals to combat illegal mining. He reaffirmed plans to expand mining skills centres and regional funds to support exploration and promote sustainable growth across Africa’s mineral sector.
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