Solid Mineral

Solid minerals encompass a wide range of naturally occurring resources such as limestone, coal, gold, tin, and iron ore, which play vital roles in construction, manufacturing, and industrial development. Despite their potential, the sector faces several issues including inadequate infrastructure, illegal mining, lack of investment, and poor regulation. Nigeria have identified more than 44 minerals which is identified as strategic minerals although because of oil and gas Nigeria solid mineral is highly undeveloped and informal in operation.

 These challenges limit the ability of countries to fully harness their mineral wealth, often resulting in environmental degradation, unsafe mining practices, and loss of revenue. Addressing these issues requires stronger governance, improved technology, and policies that encourage responsible exploration and exploitation. 

Among Nigeria minerals is also critical minerals Critical minerals, such as lithium, cobalt, and rare earth elements, are increasingly important in the global energy transition because they are essential for renewable technologies like solar panels, wind turbines, and electric vehicle batteries. Sustainable practices in mining and processing these minerals are crucial to avoid replicating the environmental and social harms associated with traditional resource extraction.

Areas of concentration

  • Artisanal and small-scale mining
  • Critical mineral mining
  • Environmental and risk
  • Formalization of ASM.
  • Economic diversification.