{"id":1711,"date":"2009-07-27T10:26:37","date_gmt":"2009-07-27T14:26:37","guid":{"rendered":"http:\/\/www.thetidenewsonline.com\/?p=1711"},"modified":"2009-07-27T10:26:37","modified_gmt":"2009-07-27T14:26:37","slug":"firm-commences-lead-ore-production-in-enugu","status":"publish","type":"post","link":"https:\/\/www.thetidenewsonline.com\/?p=1711","title":{"rendered":"Firm commences Lead Ore Production In Enugu"},"content":{"rendered":"

Nigeria\u2019s\u00a0 first\u00a0 lead ore smelting plant has commenced production at Emene Industrial Estate, Enugu, Enugu state.<\/p>\n

The multi \u2013million factory\u00a0 owned by LOC Metals and Minerals Limited, has\u00a0 a projection of producing about 400 metric ton per month or 50 per cent of its installed capacity.<\/p>\n

Built by a Chinese firm which also trained the pioneer production team of the establishment, \u00a0a statement made available to newsmen in Enugu by the Factory Manager, Mr. Ifeanyi Nweke, noted that lead\u00a0 is a versatile product used as input for numerous manufacturing products such as Aluminum roofing sheet, car, batteries, heavy construction equipment, auto parts among other items.<\/p>\n

According to him,\u00a0 lead is equally used by many people as production component, adding that\u00a0 despite its wide use, most people only know the raw material as an input that was used in paint production many years ago.<\/p>\n

His words: \u201cIt is interesting to note that though there are large deposit of lead ore in the South East of Nigeria and some parts of the North, Nigeria is not recorded in the international market as a lead producer. Most of the lead ore exported in Nigeria is in raw form, while\u00a0 most of the miners are small artesian\u00a0 miners\u00a0 who use manual labour for their production\u201d.<\/p>\n

Continuing,\u00a0 Mr Nweke\u00a0 therefore noted with happiness\u00a0 that an indigenous\u00a0 company has taken the bold\u00a0 step to commence the smelting of lead ore into lead ingots for export and local use.<\/p>\n

Revealing that\u00a0 it has taken the company about one year to get to its current production stage, Mr Nweke, hinted that the result of a\u00a0 recent test on the company\u2019s lead ingot\u00a0 carried out in far away United States of America [USA], indicates 99 <\/span>per cent purity level for the ingots, saying the production team are very proud of its achievements so far.<\/p>\n

He,\u00a0\u00a0 however, expressed the hope that by the end of August 2009, the company would have met 25 per cent of the plant installed capacity of 800 metric ton per month, stressing that the reason for the low level of production was as a result of the rains\u00a0 which has been delaying\u00a0 the supply of the raw materials from the miners.<\/p>\n

\u201cWhen dry season sets in\u00a0 by October this year, the factory should be doing a minimum of 400 metric ton per month, or of its installed capacity.\u201d<\/p>\n

The factory boss also\u00a0 hinted that even though,\u00a0 the organization which currently has about 36 staff already had an export contract, it is also\u00a0 interested in selling to local\u00a0 factories in the country that need the products, adding that it would be their major contribution to the economic development of\u00a0 the nation and a way of supporting the local industries to grow.<\/p>\n

Maintaining that their intention was to make the plant one of the largest producers of leads ingots in Africa, Mr Nweke\u00a0 further disclosed that a one-time gubernatorial candidate in Enugu state and financial consultant and managing partner, of Finance, Investment and Trade Consultant [FIT consult limited], Chief\u00a0 Loretta Aniagolu is the majority shareholder and\u00a0 chairperson\u00a0 of the\u00a0 board of Directors,\u00a0 while it is partly financed by Access\u00a0 Bank Plc.<\/p>\n

\"Governor

Governor Ikedi Ohakim of Imo State addressing newsmen on his programme for the state, recently. He finally decamped from the Peoples Progressive Alliance (PPA) to the ruling Peoples Democratic Party (PDP) last Saturday<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Nigeria\u2019s\u00a0 first\u00a0 lead ore smelting plant has commenced production at Emene Industrial Estate, Enugu, Enugu state. The multi \u2013million factory\u00a0 owned by LOC Metals and Minerals Limited, has\u00a0 a projection of producing about 400 metric ton per month or 50 per cent of its installed capacity. Built by a Chinese firm which also trained the […]<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-1711","post","type-post","status-publish","format-standard","hentry","category-south-east"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/1711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1711"}],"version-history":[{"count":0,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/1711\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}