Nigeria’s first gold refinery plans to triple capacity in five years
Most ore will be sourced locally from various locations including the northwestern states of Zamfara, Kebbi and Kaduna, as well as the central states of Kwara and Niger.
Company is aiming to replace exclusively copper concentrate deals with others that include concentrate and value-added intermediate products such as blister and anode.
When the EU closes its EV market to China, it would open up a direct route and likely premium pricing for lithium, nickel, cobalt miners now supplying China.