21.4 C
Sierra Leone
Saturday, July 27, 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

Date:

Related stories

Sierra Leone Rangers Face a Tough Fight against Deforestation

Kambui Hills Forest Reserve lies in Sierra Leone’s Eastern...

UNICEF hands over $300,000 worth of equipment to Health Ministry

UNICEF Sierra Leone has handed over oxygen therapy equipment...

Outgone EU Ambassador bids labour minister farewell

As he prepares to leave the country after being...

U.N Sustainable Development Cooperation Framework 2025-2030 signed today

The United Nations in Sierra Leone will this morning,...

In Sierra Leone: 680 sexual, 59 physical Gender Based Violence in 3 months

Between April and June this year, Sierra Leone recorded...

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

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once