By Fatima Saka
Hasetins Commodities, a global leader in mineral processing and exploration, has unveiled plans to construct a state-of-the-art rare earth and critical metals processing plant in Nasarawa State, Nigeria. The $400 million facility will have a processing capacity of 12,000 tons per annum (tpa), bringing the company’s total capacity to 18,000 tpa.
The company currently operates facilities with a combined capacity of 6,000 tpa that conform to international OECD standards. With this new plant, Hasetins aims to meet rising global demand for critical metals used in cutting-edge technologies such as electronics, renewable energy systems, electric vehicles, and defense equipment.
“This project represents a major leap forward in sustainable resource management and Nigeria’s industrial development,” said Prince Jidayi, Managing Director of Hasetins Commodities. “It not only boosts our processing capacity but also provides new opportunities for artisanal miners and supports inclusive growth across the value chain.”
Prince Jidayi emphasized that the plant will create substantial job opportunities in Nasarawa, promote local economic development, and empower small-scale miners by providing channels for integrating their operations into the formal sector.
The Federal Government has pledged strong support for the project. During a courtesy visit by Hasetins executives, the Minister of Solid Minerals Development, Dr. Dele Alake, praised the investment as a landmark move aligning with the government’s agenda for in-country mineral beneficiation and industrialisation.
“With your collaboration, we are now witnessing the establishment of Africa’s largest rare earth and critical metals plant right here in Nigeria,” Dr. Alake declared. He noted that the initiative would significantly boost investor confidence, promote skills transfer, and elevate the mining sector’s contribution to the national economy.
Peter Butt, Hasetins’ Director of Corporate Affairs, commended the Minister’s reforms in the solid minerals sector, citing the government’s focus on local value addition as a key motivation behind the company’s investment in sustainable, community-oriented development.
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Hasetins Commodities is renowned for its production of high-demand critical metals, including rare earth elements and platinum group metals, which are essential for advanced technological and defense systems.
The new plant marks a transformative chapter in Nigeria’s mining landscape and positions the country as a vital hub in the global critical minerals supply chain.
