Friday 27 July 2018

Nigeria Commodity Breackdown

Coal 
Total reserves in metric tonnes: 2,750 MT
Proven reserves: 639 MT
Current production: 0,04 MT
Lead/ Zinc
Total reserves in metric tonnes: 10,0 MT
Proven reserves: 5,0 MT
Current production: 0,6 MT
Iron Ore
Total reserves in metric tonnes: 10,000 MT
Proven reserves: 3,000 MT
Current production: 0,07 MT
Gold
Total reserves in ounces: 200 MT
Proven reserves:1 MT
Current production: 0.14 MT
Bitumen
Total reserves in barrels: 27,000 M
Proven reserves: 1,100 MT
Barites
Total reserves in metric tonnes: 15 MT
Proven reserves: 0.1 MT
Current production: 0.02 MT
Limestone
Total reserves in metric tonnes: 2,300,000 MT
Proven reserves: 568 MT
Current production: 11 MT
Source: Ministry of Mines and Steel development

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