đ§ą
Barite
Industrial Mineral âĸ barite âĸ 1 deposit(s)
~22 million tonnes across 8 states. Critical for oil drilling mud. Cross River alone: ~11 million tonnes. High quality meeting API standards (89-96% BaSO4).
Cross River Barite Deposits
Cross River, Benue, Taraba, Nasarawa, Bauchi
producingExport Ready
Grade: 89 %BaSO4 - High quality, API standard (89-96% BaSO4). SG ~4.3.
Security:2/5Regulatory:2/5Environmental:2/5
Indicated22.30M tonne(in-place)
đData Quality
Quality Tier:indicated
Confidence:70%
As of:2022-12-31
Warnings
âšī¸Estimate data is from 2022-12-31, which may be outdated.
Sources
- Barite as an Industrial Mineral in Nigeria
PMC/Springer, 2021 - Nigeria Barite Resources Assessment
NGSA, 2020
Base Case
Basis: in-place (applied)
= 20.0%
Gross Value
$2.51BmodeledState Value
$501.72MmodeledConservative
Basis: in-place (applied)
= 20.0%
Gross Value
$1.67BmodeledState Value
$334.48MmodeledOptimistic
Basis: in-place (applied)
= 20.0%
Gross Value
$3.34BmodeledState Value
$668.97MmodeledNotes: NGSA survey 2005-2009. Cross River: 11M, Benue: 308K, Nasarawa: 730K tonnes.