Firm to upgrade quality of barite
The A-Z Petroleum Products Limited, has concluded plans to start the production of quality barite that meets international standard.
The Managing Director, Linus Ilozue, who spoke to reporters in Nnewi, Anambra State, said the firm has identified good sources of barite, procured the right technology that can produce the acceptable Specific Gravity (SG), remove the grits and produce the pure white colour in line with international best practice.
He said most barites produced in the country are rejected because of the artisanal and small miners involved in the business who lack the wherewithal for the the production of the quality product required in the oil, pharmaceutical and paint industries.
According to him, upon the adoption of the final investment decision after the market feasibility studies, the firm has installed its solid mineral processing plant in Benue State.
He noted that the company has invested over N1billion in mining equipment, adding: “There is no equipment we don’t have.”
Ilozue noted that though the company has the capacity to produce 120 tonnes per hour, it would start with the 44 tonnes per hour in August.