Iron Ore Mining in Nigeria. The purest deposits of iron ore in Nigeria is in Itakpe in the Kogi State. As one of the operational mining industries in Nigeria, the country is exploring exporting iron ore in excess of domestic requirements. The government of Nigeria has also invested in iron ore operations in Guinea.
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Mining industry of Nigeria The mining of minerals in Nigeria accounts for only 0.3% of its GDP, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore .
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The domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it could produce domestically, such as salt or iron ore. Rights to ownership of mineral resources is held by the Federal government of Nigeria, which grants titles …