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Ghana is set to become a global hub for aluminium production as the state-owned Ghana Integrated Aluminium Development Corporation (GIADEC) announces a strategic breakthrough in the country's long-awaited industrialisation agenda.
According to the Chief Executive Officer of the Corporation, Reindorf Twumasi Ankrah, six mining leases have been approved for GIADEC, enabling the company to spearhead the development of Ghana's Integrated Aluminium Industry (IAI).
In a statement sighted by GhanaWeb Business, Reindorf Twumasi Ankrah said...
The Ghana Integrated Aluminum Development Corporation (GIADEC) says it has initiated an open door policy to engage stakeholders in the mining of Bauxite to ensure maximum benefits to the country.
GIADEC as mandated by an act of Parliament is responsible for the promotion and development of a globally competitive Integrated Aluminum industry in Ghana.
Ghana is inviting investors to submit plans on how to tap the nation’s bauxite deposits as the government seeks to leverage more of its mineral resources to fund infrastructure.
The government will receive proposals from interested parties until the end of the year on how to expand production and build refining and smelting capacity for the manufacturing of alumina and aluminum, said Michael Ansah, chief executive officer of Ghana Integrated Aluminium Corp. The agency was created last year to implement the government’s strategy for the industry.