Nigeria is set to inaugurate two major lithium processing plants in 2025, backed predominantly by Chinese investment, marking a strategic shift from raw mineral exports toward value-added production.
This development aims to enhance local job creation, industrialization, and Nigeria’s position in the global electric vehicle (EV) battery supply chain.
The first facility, a $600 million plant near the Kaduna-Niger border, is scheduled to begin operations this quarter. A second $200 million refinery on the outskirts of Abuja is nearing completion and expected to come online shortly after. Additionally, two more lithium processing plants are planned for Nasarawa State before the third quarter of 2025.
Over 80% of the funding comes from Chinese firms such as Jiuling Lithium Mining Company and Canmax Technologies, with the remainder owned by Nigerian investor Three Crown Mines.
These projects are part of broader mining sector reforms under President Bola Tinubu’s administration, which have attracted significant foreign direct investment into Nigeria’s solid minerals industry.
By developing domestic lithium processing capacity, Nigeria is poised to reduce its dependence on crude oil exports and diversify its economy.
This initiative positions the country as a key player in supplying critical materials for the rapidly growing global EV market, aligning with international clean energy trends.
For investors and business leaders, Nigeria’s move signals a promising opportunity to participate in Africa’s emerging green economy and industrial transformation.
