Nigeria and France have signed a Memorandum of Understanding (MoU) to collaborate on advancing the critical minerals value chain in the solid minerals sector. This partnership aims to drive sustainable mining practices, diversify resource utilization, and promote innovation within the industry, according to Nigeria’s Minister of Solid Minerals, Dele Alake.
Speaking at the signing event, Alake emphasized the MoU’s focus on research, training, and student exchange programs between Franco-Nigerian institutions. These initiatives will facilitate knowledge transfer and skill-building, empowering both nations to harness the full potential of their mineral resources.
A key aspect of the agreement is the commitment to sustainable mining activities. Projects and programs will be implemented to reduce the environmental footprint of mining operations, addressing critical issues like carbon emissions, water usage, and climate change.
“This collaboration underscores our dedication to adopting international best practices and enhancing the lives of communities impacted by mining,” Alake stated, highlighting the MoU’s emphasis on transparency and environmental stewardship.
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The MoU also outlines plans to establish joint extraction and processing initiatives, co-financed by public and private sector investments. These efforts aim to diversify and secure the supply of critical minerals, while decarbonizing energy projects essential to the value chain.
Minister Dele Alake signed the agreement on behalf of Nigeria, with Mr. Benjamin Gallezot, France’s Inter-Ministerial Delegate for Critical Ores and Metals, representing France. Both leaders reaffirmed their shared vision of fostering economic growth through innovative and environmentally conscious mining practices.
“This partnership is a testament to the strong ties between Nigeria and France,” Alake noted. “Together, we will create opportunities that benefit our nations and the global market while ensuring sustainable development for future generations.”
The MoU is expected to transform the solid minerals sector by attracting investments, enhancing technological expertise, and promoting sustainable resource management. Stakeholders across the mining value chain are optimistic about the far-reaching impacts of this agreement.
