Solid Mineral Resources Extraction and Processing Using Innovative Technology in Nigeria

Abstract

The competition in the extractive industry is driven mostly by factors of, technology, expertise, infrastructure, availability of funds, government policy, and the demand and supply from the operator and consumer in the market. Over the years, the focus has been on the oil and gas industry that have major foreign companies in partnership with the Federal Government for the oil and gas business. The oil and gas companies, like Shell Petroleum (Anglo-Dutch), Chevron Petroleum (America), Agip (Italy), and Total Energies (France) enjoyed favorable government policies and partnership, thus enabled the companies to invest in modern technologies and expertise in the exploration and production of oil and gas; on the contrary, the modern technologies, expertise, and infrastructure were lacking in the non-oil and gas (sister’s extractive) sector, even with the available of viable markets. This is the reason the government this time around, is creating a level playing field for all operators, home and abroad, to come together and compete fairly in the solid mineral because of the immense potential in the sector. The SWOT analysis carried out shows that most of the operators still use poor mining technologies which is causing poor productivity, lots of wastage, and a decrease in the bottom line, including environmental pollution, noise, and dust pollution in the host communities thus generating perennial conflicts between the companies and communities with bad reputations and low trust for most of the mining companies (Fagorite, et al, 2023). The poor infrastructure like rail lines and roads to convey extracted solid minerals cheaply to processing sites was not adequate, and an epileptic supply of power (electricity) forced many industries to depend on diesel fuel to power their machinery (Sasu, 2023). There was an instant of assistance from World Bank to help solve some of the problems in the mining sector, but it was a far cry from what is required to make a meaningful impact (The World Bank, 2017). The resultant cost is passed to the consumers as a high cost of products. It is these problems that Treepiz Technical Services Limited is posed to solve, our strengths lie in the SolidExtech that we are bringing to the industry to change the game for the operators by providing solutions to the general pain points in the sector in terms of increasing solid mineral companies' productivity with fast-pace extraction and processing of the solid minerals and quick turnaround for sale in the market, with increment in the bottom line (profits). That is what greatly differentiated our company from other operators.  Keywords: Sustainable Energy Development,