The South Korean government has demonstrated interest in Nigeria’s lithium stores, as per an assertion on Thursday.
The statement supported by the Deputy Boss (Information) of Nigeria’s Administration of Solid Minerals Headway, Alaba Balogun, uncovered that the Nigerian government had attracted the South Korean government at the Seventh Korea-Africa Monetary Co-movement gathering in Busan, South Korea.
According to the declaration, the responsibility focused in on changing a 2006 Update of Understanding among Nigeria and South Korea on interests in serious areas of strength for the area.
The declaration saw that the Nigerian gathering included specialists of the Help Serious areas of strength for of Headway and Oando Mining Association, while the Korean Foundation of Geosciences and Mineral Resources and Korean Mines Recuperation and Mineral Resources Organization tended to South Korea.
The Main General of the Nigerian Land Audit Association, Dr Abdulrazaq Garba, tended to Areas of strength for the Minister, Dr Dele Alake
It expressed that the proposed correction to the 2006 MoU “remember preparing of Nigerian digging experts for Geochemistry, Geophysics, Metal Displaying, Mineral Handling, examination, and investigation of basic minerals like lithium, nickel, cobalt, manganese, and graphite.”
The assertion added, “KIGAM president, Dr. Pyeong Koo-lee, proposed to team up with Nigeria to investigate the huge stores of lithium-bearing pegmatites.
“He said KIGAM has the best innovation in lithium metal handling, adding that the beneficiation cycle can decrease the carbon to work on the grade of the mineral.
“VP of the state-possessed KOMIR, Dr Alex Kwon, communicated revenue in abroad mining venture, adding that KOMIR gives specialized and monetary help and interest in the investigation and mining of strong minerals.”
The Observer prior detailed that the Central Government, through the Service of Strong Minerals, had put forth attempts to draw in financial backers to investigate lithium stores in the country.
In 2022, the Chief General, Nigerian Topographical Overview Organization, Dr Abdulrazaq Garba, let writers know that high-grade lithium found in Nigeria had been drawing in unfamiliar financial backers.
