Nigeria and GCL Negotiate $2 Billion Primary Aluminum Plant Project

Published: Feb 25, 2026 08:51

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According to BusinessDay, the Nigerian Minister of Steel Development met with a delegation from GCL Group, and the two sides held discussions on an investment plan. The plan is expected to invest $2 billion to build a primary aluminum plant with an annual capacity of 3 million mt. The advancement of this project is expected to accelerate the revival of Nigeria's metal industry and further stimulate foreign investment in the development of the country's mineral value chain.

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