Discovery of New Lithium Deposit in Nigeria
July 12, 2026
Nigeria has announced the discovery of a new polymetallic deposit in Kaduna state, which includes critical minerals for electric vehicle battery production. This discovery could shift the balance in the global supply chain and reduce reliance on China. European and American car manufacturers are seeking new suppliers, with Africa emerging as an alternative source. However, investments and new infrastructure will be needed before production can begin. Chinese companies have already invested in the area, highlighting its significance.