Nigeria has a 200-million-dollar lithium mining and processing plant, and it’s located in Zamfara State. The government expects the investment to drive the country’s industrialisation and meet global demand for lithium and other critical minerals. Oseme Oigiagbe, Executive Director at Truckmaster Nigeria, joins CNBC Africa to discuss what this means for Electric Vehicle and renewable…
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A question increasingly raised in discussions about energy storage in 2026 is whether lithium will remain the default technology. The question does not stem from weaknesses in the technology but from its overwhelming success.
Africa’s fast-growing lithium industry has received an unexpected boost after battery-metal prices rebounded sharply this year, improving the outlook for producers from Zimbabwe to Mali and for new mining projects preparing to enter the market. The recovery, however, may prove difficult to sustain.