Business
EMVC partners UK firm on lithium value chain
Nigeria’s pioneer electric motor company, Electric Motor Vehicle Company, says it is partnering with UK-based Jupiter Lithium to create a game-changing lithium-to-vehicle supply chain in Nigeria. Mustapha Audu, EMVC chairman, announced this in a statement on Monday in Abuja, saying the partnership would focus on engaging third-party partners. According to him, this will be done by working with kilometres in Kaduna state, creating an unprecedented opportunity to transform Nigeria’s Jupiter high-grade SC6 spodumene concentrate production with EMVC’s electric vehicle. He said the partnership would create an unprecedented opportunity to transform Nigeria’s position in the global green economy. Mr Audu said the five-year memorandum of understanding established a comprehensive framework to develop Nigeria’s first integrated lithium-to-electric vehicle supply chain.
The chairman said that the partnership would improve the trade balance by reducing reliance on imported batteries and electric
sustainable transportation. He said EMVC was creating an entire ecosystem that would benefit Nigerian communities for generations, promoting environmental sustainability and economic growth. “We will work to integrate locally produced lithium, and both companies will collaborate to identify and engage qualified third-party partners capable of sustainable economic growth,” he added. Also speaking, Stephen Davis, chairman of Jupiter Lithium Ltd, emphasised the strategic significance of mineral wealth.
Mr Davis said the partnership addressed a critical gap in the global lithium supply chain by connecting EMVC’s proven expertise in sustainable collaboration. “Our partnership with EMVC exemplifies the international transformation of Nigeria’s economic landscape. Our partnership with EMVC exemplifies how international expertise can work hand in hand with Nigerian innovation to unlock the country’s vast mineral wealth,” he said. NAN
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