Nigerian Mining

Nigeria, China Signs $1 Billion Agreement for Iron Mine and Steel Plant

Nigeria, home to mineral reserves valued at an estimated $700 billion, is taking a bold step to revitalise its underperforming mining sector, which currently contributes less than 1% to the country’s GDP. Chart & Capstone Integrated Limited, a Nigerian company, has partnered with China’s Sinomach-He to establish an iron ore mine and steel mill in