Kursi Group Raises Monazite Output in Nigeria as Western Buyers Hunt for New Rare Earth Feedstock

Highlights

• Kursi Group claims capacity to supply tens of thousands of tonnes of monazite annually across 22 Nigerian states.
• Nearly all Nigerian monazite currently flows to China, limiting its immediate value to Western rare earth supply chains.
• Thorium content, unverified grades, and absent offtake agreements complicate Kursi's role as a Western-qualified feedstock supplier.
• REEx estimates meaningful ex-China supply-chain resilience may not materialize until 2033–2035, underscoring the long-term stakes for African suppliers.
• Nigeria could become strategically important only if producers like Kursi are integrated into qualified ex-China separation and processing networks.