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    Home»Metro

    Nigerian company, Bluesach, acquires idle mining sites in Nigeria

    National UpdateBy National UpdateOctober 15, 2023 Metro No Comments2 Mins Read
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    An Indegenous Nigerian company, Bluesach Matrix Limited has announced the acquisition of mining sites from other mining companies that have been lying fallow.
    This is coming as a boost for Ngeria’s quest for diversification of the economy from a mono economy.
    Chairman of Bluesach Matrix Limited Mr Kingsley Anajemba, a Geologist indicated that the company which is indegenous with global reach in the solid mineral sector with experienced personals have acquired the complete ownership and title of mining sites allocated to other mining companies with the aim of exploring and mining solid minerals of various class for commercial purpose

    He added that Bluesach Matrix Limited after successful exploration and mining of the acquired sites would be able to account for about 100 Million metric tons of granitic pegamatite, a form of igneous rock which host the largest concentration of high percentage lithium ore and minerals.

    He added that Bluesach Matrix Limited estimates to mine and refine about 3,600,000.00 Metric tonnes of lithium from over 20 mining sites with the financial projection estimates of the company to hit a billion dollars in the next 4 years.

    According to him “The primary focus of Bluesach Matrix Limited are to attract investors, reduce the nation’s dependency on fossil fuel, increase employment from direct labour, boost local content and reduce capital flight from the export of unlicensed mineral.

    BlueSach Matrix Limited is in partnership with foreign investors to set up a commercial bank primarily to finance the operations of the solid mineral sector in Nigeria for active license owner who intend to bring mining industrialization to Nigeria”

    Anajemba is a result-driven individual with over 20 years experience in leading and increasing organizational growth across multiple industries iincluding Oil and Gas, Finance, and Security. He is also versatile operative with expertise in delivering on governance and business goals by consistently demonstrating strong organizational, consensus-building, and analytical skills.
    Seeking to lead and grow organizations and provide the continent of Africa the opportunities to harness and develop excellent ideas, embrace the latest technologies of the Western world, Develop various independent reliant programs and expand the trade and commerce platforms towards achieving visions and goals providing a sustainable economy and security.

    National Update

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