Feasibility Report On The Export Of Lithium Ore In Nigeria

Description

Nigeria is endowed with enormous mineral resources which when properly harnessed can lead to its industrial development and prospects. It is a known fact that countries abundantly endowed with mineral resources become great industrial nations.

While on the other hand, the level of greatness of a nation is often a reflection of how its resources have been planned, managed and utilized. The occurrence of mineral resources in commercial quantities alone does not however guarantee optimum benefit, factors such as technological capacity, finance and market are also equally important.

Nigeria is blessed with abundant mineral resources and human resources capable of tapping these resources for industrial growth, however, what is witnessed today is that most of the mineral development, especially the exploitation is done by informal and in most cases illegal miners using very crude techniques with no consideration for the environment or human health.

One of the minerals that can be found in Nigeria is Lithium ore. Lithium is a soft, silver-white metal that belongs to the alkali metal group of chemical elements and Foraminifera Market research through this feasibility study seeks to highlight the investment opportunity in the export of the commodity.