Lithium Reserves, The New Investment Bride Reshaping Nasarawa’s Economy

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In the last few years there has been a mad rush for Nasarawa State’s many mineral deposits which earned the state the tag; “Home of Solid Minerals”. The

Katsina State government recently launched its first batch of Community Watch Corps. GODWIN ENNA examines the security measures being put in place by the new administration and reports the historic milestone in the state

The scramble for lithium, a highly reactive metal used in energy-dense rechargeable batteries used in cell phones, electric vehicles and grid storage, according to a senior policy and research analyst with Nextier Group, Mr Charles Asiegbu, may not be unconnected with the growing interest in renewable energy by governments across the world as the need to phase out fossil fuel vehicles in favour of emission-free electric cars intensifies.

Experts say among the states in the North Central with lithium deposits, Nasarawa tops the chart. This was equally confirmed by Gov Sule at a forum recently when he said the state indeed had the highest commercial quantity of the most sought-after mineral. “Another company called RSIN has already begun the construction of its factory and will be commissioning by March, next year in Karshi. It is billed to process 1,500 tonnes and then expand to another 3,000, making it 4,500 metric tonnes by the end of next year.

At the Ganfeng Lithium Mining Company groundbreaking ceremony, Mr Alake lauded the leadership of the organisation for taking the initiative to establish a factory in the country instead of exporting the raw materials abroad as had been the vogue in the past. He also commended Gov Sule for providing the enabling environment to motivate investors to establish factories in the state.

 

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