Rhodium Ltd has invited prospective coal investors and energy producers to partake in exploiting our vast coal resources located in Lafia Obi coal field in the Nasarawa State of Nigeria.
It said “Our coal deposit has been studied in details and result shows that the ash and moisture contents of the coal are high suggesting good potential for use in the steel industry. The relatively low volatiles and high vitrinite inertinite contents indicate that the coal has an appreciable coking quality.”
Lafia Obi coal is a potential candidate for metallurgical coke making. Nigerian sub bituminous coal has a high calorific value (5,000 to 6,000 calories per gram or 5500 to 6500 air dried), low ash and low sulfur contents, with good storage characteristics. European buyers in Italy and the United Kingdom have started importing Nigerian coal, because its low sulfur content is environmentally acceptable. Nigeria's coal reserves are large, over 2 billion tonnes, of which 650 million tonnes are proven which includes the Lafia Obi Coal Fields.
It added that "Also we currently have for immediate shipments 30,000 tonnes of coking coal and also welcome cooperation for our iron ore, chromite, copper and limestone deposits."
Rhodium Ltd said "Our project has all basic civil infrastructures includes railway, hydropower, communication, hospitals etc and in an area of established mining operations supported by experienced and highly skilled local mining workforce. When considering the high CAPEX requirement for Coal & Iron ore deposits, our projects achieves international competitive advantage through its excellent infrastructure."
Source: Steel Guru
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