The Federal Government, launched a $250m lithium battery factory in Nasarawa State on Thursday.
Speaking at the innovational ceremony of the Ganfeng Lithium Industry Limited factory in Endo community, Nasarawa Local Government Area, the Minister of Solid Minerals Development, Dele Alake, said it aligned with President Bola Tinubu administration’s commitment to provide adequate energy for Nigerians.
Alake assured the firm of the Federal Government’s support at all times.
On his part, the President of Ganfeng Lithium Industry Limited, Pan Quen, said the firm was investing $250m in the mega factory.
He said, “We will open up a new journey here today as we will build a new factory here in Nasarawa State in a land full of hope. A total investment of $250m by three construction firms will take two years. And when we complete it, the plant will handle 18,000 tons of lithium per day with an annual processing capacity of 4.5 million tons. The plant will provide directly 2,500 jobs and indirectly more than 15,000 jobs.
Earlier in his welcome address, the Nasarawa State Governor, Abdullahi Sule, pledged the state’s government continuous support to investors.
