Dossier 01
Fe
Iron Ore
The Steel Backbone
- Mineral profile
- High-grade sedimentary oolitic ironstone deposits, hosting hematite and goethite–magnetite mineralisation within Nigeria's central sedimentary basins.
- Strategic role
- Primary feedstock for the planned 500,000 tpa domestic steel smelting complex.
- Market significance
- Displaces imported billets and finished steel, conserving foreign exchange and anchoring national construction and infrastructure.
Mineralogy
Hematite · Goethite · Magnetite
Deposit type
Oolitic ironstone
End use
Rebar, rods, structural steel
Acquico group ↗