Dele Alake
Mines Minister Dele Alake said the “landmark deal” will help speed up President Bola Tinubu’s plans to boost mining revenue and cut reliance on oil.
The refinery will process 1 million metric tons of bauxite annually, powered by a gas-fired energy plant for steam and power. At 95% utilisation over 20 years, it is expected to produce about 19 million tons of alumina, Alake said.
REUTERS
