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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. Rights to
ownership of mineral resources is held by the Nigerian government, which
grants titles to organizations to explore, mine, and sell mineral
resources.
About
34 minerals deposits have been identified in Nigeria and one of such is
barite ore. Barite has many applications; the most significant of it is
its usage by the oil companies when drilling for crude oil or
petroleum. Other importance of Barites are highlighted below
• Used
in the manufacturing of drilling mud without which petroleum
prospecting will be impossible. In fact, the demand for Baryte by the
oil companies is more than the demand for water by human beings but the
supply is very low because only a very few individuals are aware of this
business opportunity.
• Used by chemical industries in the manufacturing of Barium compounds such as chloride, nitrate, carbonate, and hydrate e.t.c.
• Used in paper and plastics productions
• Used by textiles industries as weighting materials
• It is also used metallurgical industries for Brass melting e.t.c.
• Also used in manufacturing glass, paints e.t.c
Because of the numerous uses of barite ore, there is steady and increasing demand for the product.
The
quality of barite is measured based on the specific gravity {S.G} of
the product and a specific gravity of 4.2 and above is generally
preferred.
Technological
developments in petroleum exploration, introduction of 3D seismic
surveying techniques and new drilling techniques had resulted in
reduction in barites demand in well drilling. However with increase in
number of active rigs and drill rig count in Africa, Europe, Asia,
Canada, Russia, India etc. the demand for barites would increase.
With growth in other industries in future, the overall demand for barites would increase.
The
major raw material required for the production is barite ore. Nigeria
has an estimated reserve of over two million {2,000,000} metric tons of
barite ore scattered in different parts of the country to include Benue,
Nassarrawa, Plateau and Cross River states.
Baryte occurs and has been mined at the following locations in large quantity.
Nasarawa State : Keana, Kuduku, Aloshi all at Keana local government area of Nassarawa state.
Plateau State: Yelwan Shendam LGA
Benue State: Gboko, and Gbande
Cross Rivers State: Obubra LGA, Ikom LGA, Akpet central, Ogoja LGA.
Taraba state: Serikinkudu Akire LGA
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You can order our detailed feasibility report on barite ore milling and packaging in Nigeria by clicking on the link below.
Report Code: FORA/2013/001
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