Business Type Agent
Location Lagos, Nigeria
Main Markets Africa 100.00%
Main Products Feldspar,QuartzTalc,Mica, Asbestos,Galena,Silica Sand / Glass Sand, Non-metallic Mineral Deposit,
Country/Region Nigeria
Company Introduction
MACHINERY AND EQUIPMENTPlungers, hydro cyclones, sieves, tanks, filter presses, dryers, vibrators screen, separators, hammer mills, calciners, pumps, conditioners, floatation machines and weighing/bagging machines.PLANT CAPACITYThe minimum capacity for the plant to be economical is 10,000 tonnes per annum.INVESTMENT AREASLand and buildingMachinery and equipmentVehicleUtilities [borehole, generator etc]Preliminary and pre-operational expensesContingenciesRESIDUAL VALUE [AFTER 10 YEARS]Land [100%]Building [50%]Equipment [10%]PRODUCTION EXPENSES FORA. RAW MATERIALS Raw KaolinB. UTILITIES Power Fuel Water C. SALARIES AND WAGES D. MAINTENANCE AND REPAIRS 3% of the cost of building. Plant and machinery, vehicle, and utilitiesE. OVERHEAD COST 2.5% of preceding costs F. MARKETING EXPENSES G. DEPRECIATIONH. INTEREST ON TOTAL INVESTMENT [25%]TURNOVER/REVENUE6000MT of kaolin BPRETURN ON INVESTMENT [%] [46.0%]RETURN ON SALE [%] [34.0%]BREAK EVEN POINT [46.0%]PAY BACK PERIOD 1.2years
Contact Information
Contact Person Mr. Nicholas Azubike
Job Title Director/CEO/General Manager
Telephone 234-80271920-59
Fax Number 234-01-N/A
Address 4 Sabitiu Close Off Akunne Street
Fax 234-01-N/A
Zip/Post Code 23401