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Nigeria’s $400M Rare Earth Processing Facility Transforms African Mining...
15 Dec, 2025 08:04 136 min read
Nigeria is pursuing a novel, processing-led strategy for critical minerals, inverting the traditional mining model by building a rare earth separation plant before large-scale mining operations. This $400 million facility leverages the country's petroleum refining expertise to capture higher value in the supply chain, aiming for faster market entry and reduced risk by processing feedstock from multiple sources. The economic viability hinges on efficiently extracting high-value elements like neodymium, which make up a small fraction of the output but the majority of the revenue, while profitably managing more abundant, lower-value co-products.... More