President Bola Ahmed Tinubu has commissioned a new lithium processing plant described as the largest lithium processing facility in Africa.
President Tinubu commissioned the Diamond New Energy lithium mining and processing plant located in Endo, Nasarawa Local Government Area on Thursday.
The plant, built by Diamond New Energy, a Chinese firm, in partnership with the Nasarawa State Government, has a processing capacity of 6,000 tonnes of lithium per day and represents an investment of about 250 million dollars.
It was constructed in collaboration with Chinese firms Jiuling and Canmax, whose combined global production capacity accounts for over 20 percent of the world lithium market.
Represented at the event by Vice President Kashim Shettima, the President said the commissioning demonstrated that Nigeria was ready to move from the extraction of raw minerals to full local processing and value addition.
