The Miners Association of Nigeria has called on the Nigerian Government to check the activities of Chinese miners “scavenging” for Lithium.
This was disclosed by Mr Dele Ayanleke, the National Secretary of the association in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.
Lithium is a mineral used in making batteries and has witnessed a price rally over the last few years due to rising electronic vehicle demand which needs lithium to make its most expensive parts- the car batteries.
What the miners are saying
Ayankele revealed that the rate at which the Chinese had invaded mining sites searching for lithium minerals was alarming, highlighting that lithium is one of the main materials for producing batteries used in powering electric cars and the whole world is clamouring to go Green leaving fossil fuel behind.
“Chinese are moving from one mining site to the other, scavenging and mopping our raw lithium mineral at a cheap rate to develop their industries and economy.
“This is not good for the future of our economy; what this means is that Nigeria will end up buying electric batteries from them.
“The Government should safeguard our lithium and revive all the moribund companies producing batteries in Nigeria to start using the lithium to produce electric batteries,” he said.
He also urged the FG to withdraw 100% ownership of minerals mined by foreign miners operating in Nigeria, stating that allowing the Chinese have 100% mining assets is not good enough for the indigenous mining investors.
”Allowing the Chinese to enter into every mining site is one of the reasons kidnapping is on the increase in Nigeria because they are the major target for kidnappers,” Ayanleke added.
In case you missed it
- In the recently released GDP report for Q2 2022, The coal mining sector was the second largest growing sector, recording a 36.06% year-on-year growth in real terms in the review quarter, a significant uptick when compared to the decline of 12.97% recorded in the previous quarter. Notably, coal mining is the process of retrieving coal from deep below the earth’s surface. The sector has an aggregate of N4.79 billion GDP, accounting for approximately 0.03% of the entire economy.
- The National Bureau of Statistics (NBS) revealed that Nigeria’s mineral production grew by 39.19% in 2021, from 64.29 million tons recorded in 2020 to 89.48 million tons in 2021.
- The 4 most mined minerals in Nigeria are granite at 22.3 million tonnes, laterite at 7.3 million tonnes; limestone at 44.7 million tonnes and sand, at 1.6 million tonnes.
Nigeria government mining policy that allows wholly owned Foreigners should be reviewed. The rate at which the foreigners operating in almost all solid mineral resources is putting the indigenous operators at advantage and position. How can we compete with them? They have required tools, logistics and financial capacity whereas majority of indigenous operators are just struggling to survive.
Let government come up with stringent policy to protect indigenous investors and professionals.
This problem should be directed to Honorable minister of mining and steel. He is directly responsible to solve this problems.