Bluesach Matrix Limited Sets Sights on $1 Billion Mining Revenue
Bluesach Matrix Limited, a Nigerian company, has announced its ambitious goal of reaching $1 billion in revenue from mining operations within the next four years. According to the Chairman of the firm, Mr Kingsley Anajemba, the company has obtained inactive mining sites from other mining companies and plans to explore and mine granitic pegmatite, which is known for its high lithium ore and mineral content.
Mr Anajemba revealed that the company anticipates mining and refining approximately 3.6 million metric tonnes of lithium from over 20 mining sites, with the primary objective of attracting investors, reducing the nation’s reliance on fossil fuels, creating employment opportunities, promoting local content, and preventing capital flight resulting from the export of unlicensed minerals.
Highlighting the company’s credentials, Mr Anajemba, who is also a geologist, emphasized Bluesach Matrix Limited’s global recognition in the solid mineral sector and its team of experienced professionals. The company has acquired full ownership and title of mining sites previously allocated to other companies, and aims to explore and mine various classes of solid minerals for commercial purposes.
Furthermore, Bluesach Matrix Limited has established a partnership with foreign investors to establish a commercial bank that will primarily fund the operations of the solid mineral sector in Nigeria, supporting active license owners seeking to contribute to the industrialization of mining in the country.
With a wealth of experience spanning over two decades, Mr Anajemba has played a pivotal role in driving organizational growth across diverse industries including Oil and Gas, Finance, and Security, solidifying his position as a prominent leader in the business landscape.
In conclusion, Bluesach Matrix Limited’s ambitious target of $1 billion in revenue from mining operations demonstrates the company’s commitment to contributing to the growth and development of the mining sector in Nigeria, while also spearheading initiatives to attract investment, reduce dependency on fossil fuels, and create employment opportunities for the local workforce.