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Tianhua New Energy Aims to Develop Lithium Resources in Nigeria with Over US$200 Million Investment
2025-02-07 /
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Author：小编
On February 7, Tianhua New Energy announced the approval of a proposal on February 5 to enter into the "Investment Agreement for the Development of Lithium Resources in Kebbi State" with the Government of Kebbi State, Nigeria, and Sanguan Mining. This agreement marks the establishment of a collaborative venture among the three parties for the joint exploration of lithium resources. The Kebbi State Government will offer investment incentives, while Tianhua New Energy will form a joint venture with Sanguan Mining, holding an 85% stake. The anticipated total investment surpasses US$200 million, and the project includes the construction of a state-of-the-art facility for lithium mining, beneficiation, and tailings management.
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