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TALC DEPOSITS AND MINING IN NIGERIA; THE OPPORTUNITIES.

Talc is a natural and rich minerals in the world with various colors of white to pink, light green grey and black. Talc is also name as soapstone, French chalk and steatite. It is a hydrated magnesium silicate deposited by the metamorphosis of dolomite and quartzose rocks or by the hydrothermal alteration of ultramafic and mafic rocks.

The chemical Molecular formula is Mg3Si4O10(OH)2 with hardness of 1 to 1.5 and a specific gravity of 2.7 to 2.8. Talc is a softest minerals with extreme Softness, Smoothness, Slippery & Lubricating, Chemical Inertness, High Luster & Sheen, High Fusion point, Low Heat & Electricity Conductivity & Pigment extenders.

So talc is an extremely useful and economically important mineral, it is normally widely used in ceramics, paint, paper and plastics, agriculture and food, personal care, mold release agents, wastewater treatment, textiles, etc

The five main characteristics of talc that make it a unique material for industrial and domestic applications are:

* Lamellarity (made of platelets that easily slide on each other)

* Softness (unctuous and not abrasive)

* Chemical inertness

* Affinity for organic chemicals

* Whiteness

An estimated reserve of over 100 million tones of talc has been obtained in Niger,Osun, Kogi, Kwara, Ogun, Taraba, and Kaduna states. There are only two medium processing plants currently operating in Nigeria and both are in Niger state.The color of the Nigerian talc varies from white through milky -white to gray. The talc industry represents one of the most versatile sectors of the industrial minerals of the world. The exploitation of the vast talc deposit in Nigeria would there satisfy not only local demands but also that of the international market as well.

1) Pharmaceuticals: Talc Luzenac Pharma which is approved by the majority of pharmaceutical producers worldwide, because it is in conformity with the European, American and Japanese pharmacopoeias. Luzenac Pharma is supplied in TC20′ loaded with 20 tons, and its average selling price is 1000EUR/Ton

2) Decorative mat paints: Talc Steabright is ideal and it is very white and has a top cut of 25 microns. Its average price is 750EUR/Ton

3) For cosmetic talc (baby powder), Talc Steasilk 5CI is the best and it is also very white and its average price is 600EUR/Ton

The investor can start by operating a mine and supplying directly to powder processing companies around or go into the processing of the product.

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At Foraminifera Market Research {www.foramfera.com}, we provide bespoke and up to date market research reports for start-ups and those already in business.

Our reports are designed to assist start-ups to understand the legal and financial requirements of starting the business, the market trends vis-a-vis demand and supply, competition, risk identification and mitigation strategies.

You can order our different detailed feasibility report on talc mining in Nigeria by clicking on the link below.

Report Title: TALC MINING IN NIGERIA, THE PRE-FEASIBILITY REPORT.

Report Code: FORA/05564-807/2015/TALCMININGINNIGERIA/7750-94773-33

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