Why is Nigeria launching a lithium battery factory in Nasarawa State?
The $250 million project, funded by China’s Ganfeng Lithium Industry Limited, is expected to create thousands of jobs and enhance the country’s industrial development. Nigeria is set to join the global race for electric vehicle production as it inaugurates its first lithium battery factory in Nasarawa State.
Why should Nigeria start a lithium battery factory?
Establishing the lithium battery factory is a milestone for Nigeria’s industrialization and a step towards reducing its dependence on oil exports. It is also hoped to stimulate innovation and research in the renewable energy sector and foster collaboration with other countries.
What minerals are used in battery manufacturing in Nigeria?
The country also has other minerals, such as tin, niobium, tantalum, and uranium, that can be used in battery manufacturing. Establishing the lithium battery factory is a milestone for Nigeria’s industrialization and a step towards reducing its dependence on oil exports.
Does Nigeria have a battery industry?
This will require a massive increase in battery production and lithium supply. Nigeria has an estimated 3 billion tons of lithium reserves, mostly in Nasarawa, Kaduna and Niger states. The country also has other minerals, such as tin, niobium, tantalum, and uranium, that can be used in battery manufacturing.
What is lithium used for?
Lithium is a metallic mineral used to make batteries for electric vehicles, mobile phones, computers, and other electronics. It is considered a strategic resource in the global energy transition and has attracted increasing demand and investment in recent years.
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