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Daily Trust
Daily Trust
Nigeria’s low-grade iron ore a setback – Ex-DG, Mining Cadastre Office ‘Depends on Guinea for raw material’ Project 98% completed The completion of the remaining two per cent of work on the 43-year-old Ajaokuta Steel Rolling Mill, as promised by the federal government, has been ruled out this year, despite a $10 billion (about N4.155 trillion) worth of investment, Daily Trust reports. A geologist, Professor Ibrahim Garba, said the plant’s chances of taking off are slim because it was predicated on a low-grade iron ore, an important raw material needed for the smooth operation of the rolling mi…