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COPPER ORE EXPORT FROM NIGERIA; HOW VIABLE?

COPPER ORE EXPORT FROM NIGERIA; HOW VIABLE?

COPPER ORE EXPORT FROM NIGERIA; HOW VIABLE?

COPPER ORE EXPORT FROM NIGERIA; HOW VIABLE?

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COPPER ORE EXPORT FROM NIGERIA; HOW VIABLE?

The Nigeria nation is blessed with abundant mineral resources; fossil fuels and solid minerals. The most popular being the fossil fuels since these constitute the nation’s greatest foreign exchange earner. They have, therefore, tended to overshadow the solid mineral sector of mining industry.

It is reassuring to note that the government has progressively in recent past years shown great interest in the exploitation of Nigeria’s solid minerals as a means of diversifying our economic base, putting in place the NATIONAL POLICY ON MINERALS METAL IN NIGERIA and other such policy documents in order to drive investment in the sector.

Solid minerals are many types occurring in many diverse environments in response to many diverse geology and geologic events. The resources can nonetheless be discussed under five (5) groups thus:

1. Iron and Iron-alloy metals
2. Non-ferrous Industrial metals
3. Precious metals
4. Metal fuel
5. Industrial minerals

The Non-ferrous industrial metals contain a group of minerals which include copper, lead, zinc, tin and aluminium bearing minerals. All are found in Nigeria at varying concentrations and different forms.

Copper (Cu): There are between 150 and 180 copper minerals. Of these, the commonest and the most important form mined are native copper (Cu); oxides of copper: cuprite (Cu2O); tenorite (CuO); and a variety of copper sulphides such as bornite (Cu5FeS4); chalcocite (Cu2S); tetrahedrite [(CuFe) 12Sb4S13] and chalcopyrite (Cu2Fe2S4).

Copper is an element, reddish brown in color, having atomic number 29 and pertaining to the scientific symbol ‘Cu’. Coming from the same family of silver and gold, this element shares numerous common characteristics with those precious metals.

This element is a highly ductile and malleable element and a very good conductor of electricity. That is why it is highly used in the electrical appliances as a thermal and electrical conductor and in building wires.

It occurs in various minerals on earth and is also forms part of a lot of alloys. Copper also has characteristics that it is a creep and corrosion free metal and all of its so very useful features make it an element on which the world’s economy directly depends.

The occurrence and distribution of copper ore in Nigeria is mainly in the Northern part of the country because of the peculiar geology of the area.

Copper ore are mined in Akwanga, Nassarawa Eggon and Wamba all in Nassarawa State. They are found in Jos in Plateau State, Alkaliri Local Government in Bauchi State and Filia in Gombe State. Taraba, Kaduna and Kogi.

It is estimated that Nigeria has over 10,000,000 tons of copper ore deposit. Copper is a very important element and the oldest known commodity in the world that directly affects the world’s economy. It stands at the third place in context of the world consumption after steel and aluminum. It is largely used in electrical appliances, as it is the cheapest metal, which is a good conductor of electricity. It is also considered safe as a raw material in wire making. Alloys of copper like bronze, brass, monel and speculum metal are also very popular and are extensively used throughout the world.

Copper is an element that has a universal availability and is found worldwide especially in the volcanic areas possessing high levels of sulfur concentrations. In fact about 90% of the world’s copper deposits are located in the great basin of the western United States, Zambia, central Canada, the Andes region of Peru and Chile and some regions of Antarctica too! The production of refined copper hovers around 15 million tons annually.

The leading copper producing nations are United States and Chile, both having 18% shares in the total world’s production. The leading country in which copper is refined is United States of America. The consumption of copper stands at the third position among the most consumed metals in the world after steel and aluminum.

Copper is an important commodity that is traded mainly in

•    London Metals Exchange (London)
•    New York Mercantile Exchange (New York)
•    Shanghai Futures Exchange (China)

These commodity exchanges direct the world market in the context of prices.

The project involves the buying/sourcing of zinc ore from miners, packaging and export of same to international buyers.

The investor should endeavor to discover and secure long term supply contracts with major buyers overseas.

The return on investment on the export of lead ore is estimated between 10%- 30% per transaction.

Do you require one- on- one training on the subject matter? Click on the link below

http://trinitycommodity.com/workshop/export-lead-zinc-copper-ore-nigeria/

Benefits of the training:

After attending our seminar, the attendee would be able to identify different types and specification of lead, zinc and copper ore. They would be able know where to source and sell the commodity.

The financial and market analysis would be known by the attendee. Every attendee would be given free feasibility report on lead, zinc and copper ore export.
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Do you know you can access this report and over 50 reports on local supply, Export and Import for just N 5,000 monthly fee?

Click on the link below to know more about this offer.

http://trinitycommodity.com/membership/
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You can order our detailed feasibility report on lead, zinc and copper ore export from Nigeria by clicking on the link below.

Report Title: LEAD ORE EXPORT FROM NIGERIA; THE FEASIBILITY REPORT.

Report Title: ZINC ORE EXPORT FROM NIGERIA; THE FEASIBILITY REPORT.

Report Title: COPPER ORE EXPORT FROM NIGERIA; THE FEASIBILITY REPORT.

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