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According to a report by the World Bank, Nigeria stands as the largest military spender in sub-Saharan Africa.With increased military spending, Nigeria has been vigorously endorsing the idea of building a strong indigenous defence manufacturing capacity and seeking investments from both foreign and domestic companies alike in the …
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The National Iron Ore Mining Company (NIOMCO) Itakpe is a Parastatal under the supervision of the Federal Ministry of Mines and Steel Development in Nigeria The FGN by Decree No. 19 of April 1971, established the Nigeria Steel Development Authority (NSDA) to plan, operate and maintain Iron Ore Steel plants in the country as well as to carry out ...
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The Minister of Solid Minerals Development, Dele Alake, yesterday declared value addition as the irreducible standard for mining operations in the country. Speaking during an inspection tour of the gigantic $600 million African Natural Resources and Mines Limited (ANRML) facility, in Kaduna state, that hosts the mining and processing of …
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Have you ever heard of the Defence Industries Corporation of Nigeria? This article provides you with information on their history, activities, roles and responsibilities. Defence Industries Corporation of Nigeria (DICON) is run by the Federal Republic of Nigeria and operated by the Nigerian Armed Forces.
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Nigeria's President, Bola Tinubu has approved a $1 billion agreement with India to boost the local manufacturing and production of Defence Industries Corporation of Nigeria DICON. The agreement aims to make DICON 40% self-sufficient in local manufacturing by 2027.
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AML owns 75% stake in the mine, while Shandong Iron and Steel Group (SISG) own the remaining 25%. Tonkolili iron ore mine geology and reserves. Marampa Haematite Iron Ore Mine, Sierra Leone. The Marampa mine is a brownfield haematite iron ore mine located approximately 150km north-east of Freetown in Sierra Leone, …
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Dr. Doris Azoka Aniete, Minister of Industry, Trade and Investment, also lauded ANRML for its pioneering role in iron ore production and processing. This initiative is perfectly aligned with the Nigeria Automotive Industry Plan, which aims to boost local manufacturing capabilities, particularly in steel and automobiles.
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Karara Mining Limited was established in 2007 through a joint venture between China's Ansteel Group – the Anshan Iron and Steel Group Corporation (52.16%) and Gindalbie Metals Limited (47.84%) to develop and operate the Karara mine. Ansteel also holds a 35.89% interest in GBG. Located 200km south-east of Geraldton, Western Australia, …
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In today's competitive world, identifying and exploit your areas of comparative advantage is the key to survival. The solid minerals industry holds the greatest potential apart from the Agricultural sector towards the attainment of the vision 20: 2020 which is geared at placing Nigeria amongst the top twenty {20} economies of the world by the …
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Karara Iron Ore Mine. The Karara mine is located in Western Australia, approximately 225km east of the Geraldton Port. ... In January 2012, Bis Industries was awarded a $23m contract to build the tailings management facility for the mine. Downer EDI was awarded a six year mining contract worth $570m in February 2012. Under the contract, Downer ...
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The Defence Industries Corporation of Nigeria (DICON) was established by an Act of parliament in 1964, to provide defence materiel for members of the Armed Forces and other Security Agencies in the country. The Corporation is currently being repositioned to play its envisaged role effectively and reduce reliance on importation of …
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Coal, iron ore, beneficiation could drive growth for mining in Nigeria. ... It is a platform of critical importance, especially in this development stage of the Nigerian mining industry, and as Nigeria continues to seek its position amongst the major global mining destinations.
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Makera/Kakuri axis. Industries here include several Textiles (Arewa Textile, Nortex etc), Super Phosphate Fertilizer company, DICON (Defence Industries Corporation Of Nigeria), PAN ( Peugeot Assembly of Nigeria) among host of others. Waste from these industries is dumped into these drains and carried away into river Kaduna.
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