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Nigeria’s Critical Mineral Breakthrough | Business and Finance News

Nigeria’s Critical Mineral Breakthrough | Business and Finance News

Published 2 days, 5 hours ago
Description

Nigeria just struck gold—literally—unveiling a world-class polymetallic deposit in Kaduna State brimming with nickel, copper, gold, platinum group metals, and rare earths, including lithium. This discovery by Steron Mining, following their earlier lithium find near Abuja, could reshape Nigeria’s economy. The government is aggressively pushing mining as a second revenue pillar, cracking down on illegal operations, revoking inactive licenses, and mandating local processing to keep value at home. With Chinese giants like Jiuling and Canmax pouring billions into local refining, Nigeria is betting big on critical minerals to diversify beyond oil and fuel a new era of domestic investment and job creation.

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