Ideal Reporters

NASARAWA EARNS FIRST SIGNATURE BONUS IN MINING  ...to access 4m USD for business enabling reforms By Ali Abare For the first time since its creation, Nasarawa State will earn its first signature bonus in mining following the agreement reached with Avatar New Energy Materials Co Ltd that will establish its second lithium factory in Udege. Governor Abdullahi Sule disclosed this while chairing the quarterly Nasarawa Enabling Business Environment Council (NEBEC), at the Government House, on Thursday.  Governor Sule explained that part of the agreement entered with Avatar is that the company will not only pay a signature bonus into the state government account, the firm also undertakes to pay a percentage for every ton of lithium to be mined at the new site to the coffers of Nasarawa State.  He explained that this was only made possible because the Nasarawa State Government has interest in part of the land where Avatar will establish its second lithium factory....

AVATAR TO BUILD SECOND LITHIUM FACTORY IN UDEGE  ...as Ganfeng assures of more CSR By Ali Abare Avatar New Energy Materials Co Ltd, the Chinese firm that recently commissioned the largest lithium processing plant in Africa, located in Endo, Nasarawa Local Government Area, has indicated its readiness to build a second lithium factory in Udege area. This was made known when chief executive officers of Chinese mining companies paid a courtesy visit on Governor Abdullahi Sule at the Government House on Thursday.  Mr. Josh Zhu, chief executive of the Avatar New Energy Materials Co Ltd, who spoke through an interpreter, disclosed plans by his company to establish a second lithium factory in Udege. Zhu said this was in fulfilment of the promise the company made during the commissioning of its plant in Endo.  "The good news today we would like to deliver is that we are determined to build another plant in Nasarawa with the same capacity. That is, we will be the number...

TINUBU COMMISSIONS LITHIUM PROCESSING FACTORY IN NASARAWA   By: Ali Abare President Bola Ahmed Tinubu on Friday commissioned a Lithium processing factory built in Nasarawa State by a Chinese firm, Avatar New Energy Materials Company Limited. The commissioning, which took place at Kama Otto in Nasarawa Local Government Area, was in collaboration with the Nasarawa State Government. The President was represented at the occasion by the President of the Senate, Godswill Akpabio. In attendance were the Nasarawa State Governor, Engr. Abdullahi Sule, his Kogi State counterpart, Governor Usman Ododo, Minister of Solid Minerals Development, Dele Alake, some Federal lawmakers, former leaders of the state and traditional rulers. In his address, Tinubu said the commissioning of the Avatar New Energy Materials Company Limited was an example of a good partnership between the Federal Government, State and Investors. The President said the establishment of the Lithium Company would not ...

 NASARAWA STATE GOVERNOR INSPECTS LITHIUM PROCESSING FACTORY AHEAD OF COMMISSIONING BY PRESIDENT TINUBU Ahead of official commissioning of the largest lithium factory in Nigeria by President Bola Ahmed Tinubu GCFR in Nasarawa Local Government Area of Nasarawa State, His Excellency, Engr. Abdullahi A. Sule was on inspection visit at Avatar New Energy Materials Co Ltd Wednesday, 1st May, 2024. The company has the capacity to process 4,000 metric tons of lithium per day . Building the factory followed Federal Government's position on processing of raw minerals locally, as against exporting same. The policy aims to increase local production , create more jobs, generate revenue and enhance the mining sector.  Nasarawa State has attracted domestic and foreign investors, in view of the huge minerals deposit that abound, justifying its position as home of solid minerals.  Citizens are demanding for enforcement of local production policy, as only a few of mining compan...

FEDERAL MINISTRY OF SOLID MINERALS DEVELOPMENT HELD SENSITIZATION PROGRAMME ON REVISED GUIDELINES FOR COMMUNITY DEVELOPMENT AGREEMENT IN NASARAWA The Federal Ministry of Solid Minerals Development in collaboration with African Center for Leadership, Strategy and Development has organized sensitization programme on the revised guidelines for Community Development Agreement (CDA) Wednesday at the Federal Polytechnic, Nasarawa. The programme which brought together Mineral Title Holders, Host Communities and various Stakeholders in in the mining sector featured presentations and guide for accessing Mobile Webb App through which the general public can obtain relevant information and lodge their complaints directly to the ministry.  Speaking at the event, the Director, Mine Environmental Compliance, Ministery of Solid Minerals Development, Dr. Mrs Okon Vivian noted that revising the 2014 guidelines became necessary due to gaps leading to series of petitions and complaints fro...