Nasarawa Unveils $400 Million Rare Earth Plant, Pushing Nigeria Into Global Minerals Spotlight.

The launch of the $400 million rare earth processing plant marks a major turning point for Nasarawa’s economic future. It positions the state as a rising force in Nigeria’s solid minerals sector and the global clean-energy value chain. This milestone also reflects growing investor confidence and Governor Sule’s commitment to industrial development.

Governor Sule of Nasarawa State

Ɓy Uche Vera

Nasarawa State has taken a decisive step toward becoming a major player in Nigeria’s rapidly expanding solid minerals sector as Governor Abdullahi Sule officially launched a $400 million rare earth processing plant—a milestone project positioned to boost economic diversification, industrial growth, and job creation across the state.

The newly commissioned plant, located in the mineral-rich community of Wuji in Nasarawa’s North Central region, is designed to process a broad range of rare earth elements (REEs), which are essential in the global production of clean energy technologies, electric vehicles, semiconductors, advanced magnets, military equipment, and aerospace components. With the global demand for REEs projected to rise sharply over the next decade, the development positions Nasarawa as a potential strategic hub in both regional and international supply chains.

Governor Sule, speaking at the launch ceremony, described the project as “a transformational investment that aligns with Nigeria’s vision for economic diversification and technological advancement.” He emphasized that rare earth minerals, once overlooked, are now among the world’s most sought-after resources, and Nasarawa’s abundant deposits offer the state an opportunity to lead.

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The governor highlighted the plant’s expected impact on the state economy: the creation of thousands of direct and indirect jobs; increased internally generated revenue (IGR); and the development of support industries such as logistics, engineering, construction, environmental services, and vocational training. He also noted that the project will strengthen investor confidence in Nigeria’s mining sector, which has seen renewed interest in recent years due to favorable policy reforms.

The plant is being developed in partnership with a consortium of local and international investors, including mineral engineering specialists, processing technology firms, and exploration companies with deep experience in rare earth extraction. It incorporates modern processing equipment designed to meet global sustainability standards, including waste management systems and environmentally responsible refining methods. According to project engineers, the facility will process ore sourced from mining sites across Nasarawa, improving value addition before export and reducing Nigeria’s reliance on the export of raw mineral commodities.

In his remarks, the project’s lead investor expressed optimism about the plant’s long-term prospects, stressing that African countries stand to benefit significantly from participating in the global energy transition. “Rare earth elements are the backbone of the future economy—renewable energy, digital connectivity, advanced manufacturing. Nigeria must not be left behind,” he said.

Local community leaders also welcomed the initiative, noting its potential to spur infrastructure development, including improved roads, electricity supply, and water systems. Many residents expressed hope that the government and investors will maintain strong community engagement to ensure shared prosperity and environmental protection.

Governor Sule affirmed that the state will continue to enforce strong regulatory oversight to ensure responsible mining and community safety. He underscored his administration’s commitment to transparency, sustainability, and capacity building, calling the rare earth processing plant “a symbol of Nasarawa’s readiness to compete on the global stage.”

With its launch, Nasarawa State is poised to become a critical node in Nigeria’s growing solid minerals value chain, bridging natural resource wealth with industrial innovation and future-focused economic development.