Mine Equities Acquisition

Lithium mining business in Nigeria attracts worldwide entrepreneurs

2022-09-09 09:21 6530 0

Lithium mining business in Nigeria attracts worldwide entrepreneurs


Tesla might enter the mining business as it seeks to ensure that it can make enough batteries for future vehicles, CEO Elon Musk said on Tuesday.

Musk said the electric-car maker's ability to expand its product lineup depends on being able to produce a large number of batteries.


"There's not much point in adding product complexity if we don't have enough batteries," he said.

As Tesla increases battery production, it will have to consider parts of the supply chain, like mining.


"We might get into the mining business. I don't know," Musk said. "We'll do whatever we have to ensure that we can scale at the fastest rate possible."

According to the local news, unnamed representative from Tesla was in meeting with the government officials in Nigeria to discuss potential trade agreement. Further details to be revealed.

Nigeria has abundant lithium mines reserve, which cover across regions such as Kogi State,Plateau State,Nassarawa State,Oyo State,Cross River State,Kwara State.

We Hudson currently has two branch offices, and is on the verging of opening 3rd business office in Nigeria in the late of this year 2022. Our strategy is not only got into lithium mining business to ensure a safe and sustainable supply, but also build a better community and future on this beautiful land.