Thread by @realkelvin07

Lithium Ore is a rock ore mineral available in Kogi, Nassarawa, Ekiti, Kwara, Cross Rivers, Oyo and Plateau. Of the many uses of this mineral ore our miners sell to intl brokers through Irrevocable Corporate Payment Order (ICPO) agreements, I'm going to focus on phone batteries

The global phone battery market in 2020 was worth $46.97bn. Interestingly China controls 60% of this market, and is the number one importer of Lithium Ore from Nigeria. So if our strength is not in building hardware like smartphones. Why can't we make the battery accessories?

In 2020, Chinese exports constituted 25.2% of all the imported goods that came into Nigeria, & today 1 out of every 4 ships that sails around the world has an eCO from China, meaning China controls 25% of global trade, and consequently 56% of the BRICS Bloc.

I checked up the process of manufacturing batteries from Lithium, here is what I found ''Lithium Ore batteries are manufactured in sets of electrodes & then assembled in cells. Active materials is mixed with polymer binders, conductive additives, and solvents to form a slurry

That is then coated on a current collector foil and dried to remove the solvent that creates a porous electrode coating.'' Does it make sense to export lithium to China, and import phone batteries from them?

Can the ministry of trade & investment coordinate a policy

That will incentivize companies to produce phone batteries locally, then restrict the importation of phone battery accessory into Nigeria as a way to backwardly integrate, meet local demand, & then look to other markets in Africa for exports.

Keyword ''Phone battery accessory''

We can own 10% of the phone battery supply chain in 10 years with a coordinated plan. And I have not even brought up the other uses of Lithium Ore

• Carbonate & citrate salts used as mood stabilizers for treating bipolar & depression

• Lithium hydroxides and peroxides used in purifying air for submarines
and spacecraft, plus that lithium is actually a major component in making batteries for EV vehicles (Gist for another day)

When Nigerians say ''God bless us'', God replies ''You don't even have an idea!''