36.1 C
Sierra Leone
Monday, April 22, 2024

Leone Afric Metals Company Pays 1st surface rent of 2. Billion leones to Ngowahun Chiefdom in Bombali District

HomeNewsLeone Afric Metals Company Pays 1st surface rent of 2. Billion leones...

Leone Afric Metals Company Pays 1st surface rent of 2. Billion leones to Ngowahun Chiefdom in Bombali District


Related stories

Africell presents NLe300 Cash Prize to Win Kopo Winner

Africell Sierra Leone continues to demonstrate its commitment to...

Minister Tim Kabba hosts Regional Conference on Autonomous Weapons

ECOWAS Foreign Ministers, Security Experts and Artificial Intelligence Specialists...

Amb. Navo to serve as Guest Speaker at POW School Thanksgiving

The renowned Chief Executive Officer (CEO) of Africa Young...

AYV Holds 2-Day ‘Strategic Planning Staff’ Seminar

Chief Executive Officer (CEO) of the Africa Young Voices...

The Lithium Leone Afric Metals Mining Company has paid two billion leones as surface rent to residents of Ngowahun chiefdom, Kalaba Bombali district.

The money given is for the operations of large-scale Lithium mining and for landowners to utilize as development and social projects in their district.

For the first time in the history of the country, Lithium mineral will be Mined in the Bombali district.

Lithium is widely used in batteries as a heater in a few mediums and as well as a component in various metal alloys. It is also used in the treatment of bipolar disorder, depression, and other mental health conditions due to its mood-stabilizing properties.

The new lithium mining company, according to Fassally Tarawallie Company Representative is expected to create more opportunities, job employment, capacity building training, educational and health support to residents, embarked on infrastructure development in that part of the country.

He also emphasized that devoid of the surface rent payment, his company will adhere to all community agreements for the benefit of both parties

Residents of the chiefdom were exceptionally happy for another source of livelihood, as many people have been unemployed, which has hurt their daily survival, hence the introduction of the Leone Metal Afric company was a dream come true for them.

Paramount Chief Kandeh Gbanka 111 expressed determination to work with the investors on the basis that the community people will benefit from their natural endowments.

Other government officials including the Minster of North East Abu Abu Abdulia Koroma and another representative from the National Minerals Agency, Environmental Protection Agency, Ministry of Mines and mineral, Mines Committee in Parliament, and Security Apparatus implored the community to take ownership of their development, and protect the company for more sustainable development.

Having more mining operations in the country is crucial to the generation of better revenue by government drive, but community ownership and collaboration with miners were considered very vital to ensure sustainable mining operations.

It is hoped that the mining company is expected to export millions of Lithium yearly.

Latest stories


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once