Nizhong Mining Company, a Chinese firm, has announced plans to invest $50 million in the exploration and processing of tin, lithium, and other minerals in Nasarawa State.
The company’s chairman, Mr. R. He Ruqui, shared the news during a visit to Governor Abdullahi Sule at the Government House in Lafia, stating that operations will commence in the Agwada area of Kokona Local Government.
The company has already secured the necessary licenses and approvals from the federal government and the host community to begin its activities.
The investment is expected to create both formal and informal employment opportunities for many youths in the state, contributing to a reduction in unemployment.
Governor Sule expressed his appreciation for the company’s interest in Nasarawa’s solid mineral sector and urged them to adhere to existing mining regulations, land reclamation policies, and fulfill their corporate social responsibilities to the local community.
(Daily Trust)