Sector: Ore Mining Extraction, Processing, and Export
Business Activities: Extraction and Processing: Engaged in the extraction and processing of key new energy battery metal ores, including Lithium, Copper, and Rare Earth Metals.
Exploration: Conducting exploration activities to identify and develop cobalt deposits within Nigeria.
Export Operations: Exporting processed and refined ores to international markets, meeting global demand for critical raw materials in the energy sector.
Strategic Partnerships: Building strategic alliances with battery cell manufacturers in China, Korea, and Japan to ensure a robust supply chain for new energy solutions.
Battery Manufacturing Collaboration: Partnering with lithium-ion battery manufacturers focused on Electric Vehicle (EV) batteries and Energy Storage Systems (ESS) to integrate upstream and downstream activities.
Status: Technical Partnerships: Mining technical partnerships and contracting agreements have been successfully signed, providing the necessary expertise and resources for project execution.
Licensing and Leases: Exploration licenses and Small Scale Mining leases secured under Westminster Mining and Exploration Company in Osun State, Kwara State, and Plateau State, establishing a strong foundation for ongoing and future mining activities.
Project Goals & Expectations
Carbon54’s Climate Smart Mining projects in Nigeria are a forward-thinking initiative aimed at revolutionizing the extraction and processing of key battery metals and minerals essential for the global energy transition. These projects are designed to integrate energy-efficient technologies, adopt Environmental, Social, and Governance (ESG) principles, and implement climate-smart mining practices. The goal is to ensure that the mining sector contributes positively to the global push towards carbon neutrality while minimizing environmental impact.
These projects focus on leveraging state-of-the-art, energy-efficient equipment to reduce the carbon footprint associated with mining activities. By optimizing the use of energy resources and incorporating renewable energy solutions, Carbon54 aims to set a new standard for sustainable mining in Nigeria. The initiatives emphasize the importance of responsible resource management, reducing greenhouse gas emissions, and enhancing the sustainability of mining operations.
Requirements for Success
Investment and Funding: Continued investment in exploration, processing facilities, and export logistics to scale operations
Technical Expertise: Ongoing collaboration with experienced mining and processing teams to optimize extraction and refining processes.
Market Access: Expanding access to international markets through strategic partnerships and securing long-term export agreements.