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The minister stated that Nigeria would only deal with Tesla if the company agreed to build its battery-making factories in Nigeria. The price of lithium has risen from $6,000 per tonne in 2020 to $78,000 per tonne in 2022, and it is expected to be the most valuable mineral on earth by 2040. Additionally, Nigeria's lithium is high-grade.
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ore in Nigeria. Lithium Ore Deposit and Mineralization in Nigeria. Many African countries (most notably Zimbabwe, Namibia, Ghana, Democratic Republic of Congo, Mali, and others) have lithium ore deposit mostly found in low concentration in igneous rock nevertheless if appropriately exploited could be potential source for lithium concentrate …
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Iron ore mineral deposit in Nigeria Nigeria is among the African countries with vast iron ore deposits which can be found in some states in the country. Itakpe in Kogi State is believed to have the purest deposits of iron ore, and other states where it is deposited include Abia, Anambra, Bauchi, Benue, Kwara, Plateau, and Nasarawa.
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Nigeria has more than 44 different types of minerals discovered in 500 locations according to a report of the Ministry of Solid Mineral Development. According to Ichu et al., (2019), there are lithium deposits in Kogi, Nasarawa, Ekiti, Kwara, Cross River, Oyo, Plateau, …
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