Chinese companies have poured over $1.3 billion into Nigeria’s lithium processing sector since President Bola Tinubu took office, according to Minister of Solid Minerals Development Dr. Dele Alake. Speaking at the 2025 China Mining Conference in Tianjin, Alake said firms like Canmax Technology, Jiuling Lithium, and Avatar New Energy are driving Nigeria’s shift from oil dependency to mineral-based diversification. Alake urged investors to take advantage of the recent government reforms in the sector, including deploying a special Mining Marshal corps, a satellite monitoring system, and digital licensing platforms. These reforms helped combat illegal mining and enhance transparency. With a dedicated exploration budget and ongoing license reforms, Nigeria is creating a more secure and attractive environment for global mining partners, positioning itself as a future leader in the global mineral value chain.
Nairametrics
