President Bola Tinubu has commended the inauguration of Nigeria’s largest lithium processing plant in Lafia, Nasarawa State, hailing it as a clear indication of the country’s attractiveness for foreign investment.
President Tinubu made the remarks on Friday in Abuja during a meeting with Governor Abdullahi Sule of Nasarawa State, who was accompanied by Hi Yongwei, chairman of Avatar New Energy Materials Company Limited, and Zhenhua Pei, chairman, Canmax Technologies.
Avatar, a Chinese firm, built the lithium processing plant which produces about 4,000 metric tonnes daily while Canmax Technologies, a renowned Chinese firm responsible for over 30 per cent of global battery material production, announced a new investment of $200 million for another lithium processing plant in Nasarawa State.
