Niger Initiates Copper Mining to Enhance Economic Development

Niger has initiated copper mining to boost its mineral industry, granting a permit to Cominair SA for operations in Agadez. The mine is projected to produce 2,700 tonnes of copper annually for ten years, creating around 300 jobs. The government has also permitted a lithium mining operation by Comirex SA, aligning with its strategy to gain control over natural resources after recent leadership changes.

Niger has commenced copper mining in the northern desert region to enhance its mineral industry. The government has granted permission to Compagnie Miniere de l’Air (Cominair SA) for mining activities in Agadez as part of a broader initiative to diversify and expand mineral resource extraction. This development positions Niger among global copper producers, a key metal for electronics and construction.

The new copper mine in Niger is projected to yield approximately 2,700 tonnes of copper per year over the next decade. This venture is anticipated to generate around 300 jobs and significantly contribute to the national economy, especially given the current copper price of $9,000 per tonne. In addition to the copper operation, a small-scale lithium mining permit has been issued to Compagnie Miniere de Recherche et d’Exploitation (Comirex SA) in Agadez, targeting an annual output of 300 tonnes over five years.

The Nigerien government retains a 25 percent stake in the copper mining enterprise and a 40 percent interest in the lithium project. This strategic move follows the military government’s aims to gain greater control over the country’s natural resources since their rise to power in July 2023. Furthermore, the government rescinded a lithium mining permit held by the French company Orano, which has operated in Niger for five decades, specifically at the Imouraren site known for possessing 200,000 tonnes of uranium.

Niger already possesses established mining operations for uranium, gold, and oil. The initiation of copper and lithium projects marks an ambitious effort to increase mineral exploration and revenue generation, enhancing the economic landscape of the nation.

In summary, Niger’s introduction of copper mining, alongside lithium extraction initiatives, aims to strengthen its mineral industry and economic prospects. The government’s intent to assert control over natural resources illustrates a significant shift in policy following recent leadership changes. With considerable expected production and job creation, these projects could substantially benefit the Nigerien economy.

Original Source: globalsouthworld.com