Insight for Developments

Download Whitepaper : Mining Beneficiation in Nigeria: Key Development Considerations

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Download Whitepaper : Mining Beneficiation in Nigeria: Key Development Considerations Iyin Ajayi 10:40 am

Beneficiation is the process of improving physical or chemical properties of a raw material by special treatment in order to increase its value. In Africa, many countries are increasingly embracing mining beneficiation to boost economic growth. In fact, as a continental policy, the African Union has developed a roadmap to guide African governments’ management of natural resources – the Africa Mining Vision (AMV), has identified mineral beneficiation as one of the key means by which African governments can use mineral resources to ensure inclusive growth, and foster economic diversification and industrialization throughout the continent.
As a state policy, the idea behind beneficiation is to encourage downstream processing to improve trade performance and accelerate structural transformation of the economy. However, despite its huge potentials, Nigeria is yet to embrace the idea of beneficiation in mining.
This article considers the Nigeria mining industry and the potentials that beneficiation holds for it by taking a peep
into other developing countries and their practices of mining beneficiation.

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