FG commends progress in Hasetins' ongoing $400m rare earth plant project in Nasarawa

FG commends progress in Hasetins' ongoing $400m rare earth plant project in Nasarawa

A delegation of the federal government has visited the site of the ongoing construction of a $400m rare earth processing plant under construction in the Uke community of Nasarawa state to assess the level of compliance with relevant regulations and standards.

The facility being developed by an indigenous firm, Hasetins Commodities Limited, will add 12,000 tonnes per annum to the company's existing capacity, pushing its total output to 18,000 tons per annum (tpa) ana placing Nigeria as number one in Africa, in the area of rare earth processing.

FG commenda
FG commends progress in Hasetins' ongoing $400m rare earth plant project in Nasarawa
Source: Original

The delegation, which included the Director, Mining Inspectorate, Federal Ministry of Solid Minerals Development (MSMD), Mr. Ganiyu Imam and the Director, Mines Environmental Compliance, Dr. Vivian Okono, expressed delight about the progress made so far, the commitment of those behind the project and their willingness to play by the rules.

Imam said the delegation was satisfied with the level of complainnce with relevant requirements and standards and urged Hasetins to ensure that all necessary precautionary and safety measures being put in place are sustained.

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A Deputy Director in the MSMD, Mr Oladehinde Oladusi, who stood in for Dr. Okono, commended Hasetins for the quality of work as well as modern standard equipment available at the site.

Oladusi said: "The commitment that we have seen so far in respect of the way the company is starting is different from the narrative of some others, who just bumped into our environment, broke the ground and carry our minerals away.

He specifically commended Hasetins for not only carrying out a proper environmental assessment of the community, but also having on ground advance technology that would reduce to the barest minimum, the hazards and dangers associated with mining.

Oladusi said:"One of the first things that impressed me about this company is the initiative it took to prepare a sound environmental and social impact assessment, which is one of the prerequisites to commence this kind of big project. It is quite impressive.

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"I am quite impressed and what we need to do now is to encourage them to see that most of the mitigation measures that are inside that document are put in place."

He commended Hasetins for putting in place adequate security arrangement and advised its management to ensure an adequate community development agreement, to present crisis in the future when work fully commences and the company begin to make progress.

Hasetins’ Managing Director and CEO, Prince Jidayi expressed appreciation to the FG and the Minister of Solid Minerals Development, Dr. Dele Alake for their continued support and encouragement.

He recalled that the minister assigned his former Special Assistant, Kehinde Bamigbetan to follow up on issues and provide necessary assistance, a development, he said, has been helpful.

Jidayi spoke about the many innovations that his company is introducing to the processing of rare earth and critical metals in the country and assured his company's host communities of continued support.

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He said: "For decades the narrative has been of raw extraction and immediate export. Hasetins is advancing that. This plant will process rare earth metals and other critical like Tantalum, Tungsten tin and others.

"In doing so, we are strictly deploying advanced, closed-loop processing technologies designed to minimize environmental impact, manage Tailings responsibly and protect local water bodies and air quality.

"We believe that extracting and processing the components of the world's green energy transition must not come at the expense of our local environment," he said.

The Hasetins boss added that aside from Uke project, which is the company's central hub, "we are setting up regional separation centres and satellite separation centrea to integrate and formalize artisanal and small-scale miners into a structured, safe supply chain..

"We are equipping them with gears, safety, training, support and offering them offtake structures that increases economic stability at rural communities," he said.

Source: Legit.ng

Authors:
Ezra Ukanwa avatar

Ezra Ukanwa (Politics and Current Affairs Editor) Ezra Ukanwa is a Reuters-certified journalist with over 5 years of professional experience. He holds a Bachelor of Science in Mass Communication from Anchor University, Lagos. Currently, he is the Politics and Current Affairs Editor at Legit.ng. He previously worked as a senior correspondent at Vanguard Newspapers. Ezra was recognized as Best Campus Journalist at the Anchor University Communications Awards in 2019 and is also a Fellow of the Nigerian Institute of Management (NIM). Contact him at: ezra.ukanwa@corp.legit.ng or +2349036989944

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