Jupiter Lithium Signs MOU With Bevex Mining, Aims To Add Value To Mining Sector

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A local mining company, Jupiter Lithium Limited, has signed a Memorandum of Understanding (MOU) with a major South African mining company, Bevex Mining Services, to establish modular plants for lithium exploration and processing in an effort to actualize the value-added component of the mining sector’s seven-point agenda.

The building and operation of the Modular Lithium Concentrator Plant (LCP) at Kafanchan, Kaduna State, saw a major advancement with the signing of the agreement.

The “Jupiter Project” memorandum seeks to utilise abundant spodumene reserves to generate superior Spodumene Concentrate (SC6), which will be converted into lithium for battery manufacturing.

The MOU specifies a three-month scoping study that will be completed immediately, including drilling and metallurgical test work, to complete the design of the process plant.

In the capacity of the regional financier, Dr. Hassan Tukur stated: “This MOU signifies a vital partnership between Nigeria and South Africa in leveraging advanced lithium processing technology. It aligns with our mission to enhance Nigeria’s mining sector and boost local employment.”

He said this about the South African firm: “known for its extensive experience in lithium processing across Africa, will bring its expertise to the project. The collaboration aims to utilize Dense Media Separation (DMS) technology, a tried and proven method in South Africa, to create modular process plants. These plants will be positioned close to spodumene outcrops, reducing transport costs and minimising environmental impact.”

Dave Griffiths, the CEO of Bevex Mining Services, reassured all parties involved that the company is prepared to see the project through to completion, stating that the company’s primary principles are environmental sustainability and local development as seen on the local news brand.

Providing insight into the benefits of DMS technology in modular plants, Griffiths stated that the creative solution lowers transportation expenses and lessens disturbance to the neighbourhood.

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He said: “The modular concentrator plants will process spodumene ore, averaging 1.5% to 2% grade, to produce high-quality Spodumene Concentrate (SC6) with a 6% Lithium Oxide (Li2O) content. The SC6 will be sold domestically for further processing, enhancing Nigeria’s value chain in lithium production.

According to the Director of Jupiter Lithium Ltd., Dr. Stephen Davis: “Our partnership with Bevex will expedite the development of the Jupiter Project, setting a new standard for lithium processing in Nigeria. This is a significant leap towards meeting global lithium demands while fostering local industry growth.”

Continuing, Abubakar Buba, the Commissioner for Environment and Natural Resources for Kaduna State government, endorsed the deal and gave the investors the assurance that the government would be prepared to provide the required support for the modular plants.

He said: “His Excellency, Sen. Uba Sani and the state government warmly welcome this partnership and look forward to a fruitful collaboration. This agreement promises significant benefits for our state’s development.”