Bluesach Matrix Limited Aims for $1 Billion Revenue from Mining Venture

Bluesach Matrix Limited, a Nigerian company, is poised to achieve a revenue of $1 billion within the next four years through its recent foray into the mining sector. Under the leadership of Chairman Mr Kingsley Anajemba, a Geologist, the company has made considerable strides in acquiring previously inactive mining sites from other companies in order to harness the vast potential of Nigeria’s solid mineral sector.

In a formal statement, Mr Anajemba underscored the company’s global recognition in the solid mineral industry, as well as its team of seasoned professionals. Bluesach Matrix Limited has secured complete ownership and title of mining sites that were previously allocated to other companies, with the intention of exploring and mining various classes of solid minerals for commercial purposes.

One of the key objectives for Bluesach Matrix Limited is to potentially mine approximately 100 million metric tons of granitic pegmatite, a type of igneous rock known for hosting a large concentration of high-percentage lithium ore and minerals. The company also aims to mine and refine an estimated 3,600,000.00 metric tonnes of lithium from over 20 mining sites. These ambitious projections are integral to the company’s financial estimations, as it looks ahead to achieving the $1 billion revenue milestone in the next four years.

Mr Anajemba reaffirmed Bluesach Matrix Limited’s primary focus, which includes attracting investors, reducing Nigeria’s reliance on fossil fuels, creating employment opportunities through direct labor, boosting local content, and curtailing capital flight resulting from the export of unlicensed minerals. Additionally, the company plans to collaborate with foreign investors to establish a commercial bank that will provide financial support for the solid mineral sector in Nigeria, particularly for active license owners who are committed to fostering mining industrialization in the country.

With a notable track record of 20 years, Mr Anajemba brings a wealth of experience in driving organizational growth across diverse industries such as Oil and Gas, Finance, and Security. His leadership and expertise are expected to play a pivotal role in steering Bluesach Matrix Limited towards its ambitious revenue target in the mining sector.

The initiative by Bluesach Matrix Limited signifies a promising development for Nigeria’s economy, with a clear emphasis on diversification and harnessing the potential of the solid mineral sector. As the company progresses with its plans, the impact on job creation, economic growth, and technological advancements within the mining industry is certainly one to monitor closely.