At the Mines & Money Conference in the UK, Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake, invited global investors to explore the nation’s rich mineral resources through its digital mining platforms. He highlighted the Nigerian Mineral Decision Support System (NMRDSS), the Electronic Mining Cadastral (EMC+), and the National Geo-Data Centre as essential tools for accessing vital geoscientific data and facilitating transparent transactions. Alake assured attendees of President Tinubu’s commitment to enhancing geological data levels, advocating for partnerships to unlock Nigeria’s mineral potential, especially in critical areas like lithium and rare earth minerals, crucial for sustainable development.

Nigeria boasts a wealth of untapped mineral resources, and the government is keen to attract international investment to develop this sector. The Mines & Money Conference serves as a platform for countries to present their mining opportunities, strategies, and technologies to a global audience. By leveraging advanced digital platforms, Nigeria aims to modernise its mining industry, promote transparency, and facilitate easier access to geological data. This strategy aligns with the global shift towards sustainable mining practices, particularly in the production of critical minerals needed for green technologies.

Nigeria’s proactive approach in promoting its mining sector through digital innovation and enhanced data access is a significant step towards attracting global investment. The emphasis on transparency and sustainability is expected to position the country as a key player in the global mining landscape, particularly in the critical minerals sector essential for renewable energy solutions.

Original Source: tribuneonlineng.com

The post Nigeria Invites Global Investment in Mining at UK Conference first appeared on Nigerian Mining News.

Nigeria is enhancing its appeal to global investors through digital mining platforms, as announced by Dr. Dele Alake, Minister of Solid Minerals Development, at the Mines & Money Conference in the UK. He highlighted the advantages of Nigeria’s geo-data platforms, including the Nigerian Mineral Decision Support System and the Electronic Mining Cadastral, which provide essential data for mining ventures. By adopting these technologies, Nigeria aims to foster transparency and efficiency in the mineral industry. Alake assured mining executives that the government is committed to investing in geological research, which will support the mining sector’s growth and sustainability efforts, particularly in the context of critical minerals essential for a green economy. The Minister also emphasized the importance of value addition in mining and urged collaboration with major mining firms to unlock Nigeria’s potential.

The ongoing global interest in sustainable mineral extraction has prompted Nigeria to leverage digital platforms for better accessibility to its mineral resources. With an abundance of critical minerals such as lithium and rare earth elements, Nigeria seeks to position itself as a leader in the mining sector. The introduction of digital technologies aims to streamline investment processes in a region historically rich in mineral wealth but often hindered by data scarcity and administrative inefficiencies.

In conclusion, Nigeria is actively promoting its mineral resources to global investors through innovative digital platforms. The government’s commitment to enhancing geological data accessibility and fostering international collaboration is poised to attract significant investment in the mining sector, supporting economic diversification and sustainability initiatives.

Original Source: tribuneonlineng.com

The post Nigeria Attracts Global Mining Investment with Digital Platforms first appeared on Nigerian Mining News.