The Federal Government has pledged full support for a $ 400 million Foreign Direct Investment (FDI) plan to build Africa’s largest rare earth and critical minerals plant in Nasarawa State, potentially creating over 10,000 jobs nationwide.
Minister of Solid Minerals Development, Dr.Dele Alake, lauded the project funders Hasetins Commodities Limited for keying into the value addition campaign of President Bola Tinubu’s administration and confirming that mineral processing is the strategy to take the jobless from the streets.
Hasetins hopes to add 12,000 metric tonnes to its current 6,000 metric tonnes installed capacity as preparations for the forthcoming groundbreaking of the additional facility gathers momentum.