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Chinese Lithium Giants Ganfeng, Tianqi and CATL Have Nigerian Doppelgangers

Chinese Lithium Giants Ganfeng, Tianqi and CATL Have Nigerian Doppelgangers
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Copycat Chinese Lithium Firms Back Nigerian Processing Plant

(Bloomberg) Nigeria’s first lithium-processing plant launched to great fanfare this month with the backing of three companies that, at first glance, look a lot like heavyweights of China’s battery-metals industry. Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledUPenn Fight

Nigeria is betting on local value addition to boost lithium mining

The development of a lithium mining industry in Nigeria would lead to job creation and increased revenue. It would also help diversify the economy, reduce its reliance on oil and gas exports and contribute to the global transition to cleaner energy sources

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