Industry News

Ghana's economy set to soar with the launch of Nyinahin alumina refinery and Ada Songhor salt projects

Views : 170
Update time : 2024-03-11 18:03:47
President Nana Addo Dankwa has assured Ghanaians of brighter days ahead, foreseeing an economic breakthrough following a recent downturn. He highlighted several government initiatives to mitigate economic challenges and provide relief to businesses and the general population.

Among these initiatives is collaborating with the Ghana Integrated Aluminium Development Corporation (GIADEC) to construct an alumina refinery and develop mines at Nyinahin-Mpasaaso. Additionally, the government is moving forward with the Ada Songhor Salt project, which has sparked controversy but is seen as a vital part of Ghana's economic growth strategy.

"I have witnessed the signing of two (2) separate agreements in Accra recently, firstly, between GIADEC, a wholly-owned public entity, and Rocksure International, a wholly-owned private Ghanaian company, selected, after a rigorous process, as a strategic partner to develop a mine at Nyinahin-Mpassaso; and, secondly, between GIADEC and Mytilineos SA, a leading global industrial and energy company, which entails the development of a second mine at Nyinahin-Mpasaaso, and the establishment of a refinery," said President Nana Addo Dankwa Akufo-Addo.

Related News
Read More >>
Japan-focused aluminium premiums up by 13-28% amid tight supply and low global inventories Japan-focused aluminium premiums up by 13-28% amid tight supply and low global inventories
Feb .28.2026
Japan-focused aluminium premiums up by 13-28% amid tight supply and low global inventories
EGA announces $5 billion debt financing EGA announces $5 billion debt financing
Feb .28.2026
EGA announces $5 billion debt financing
40m aluminium superyacht marks the return of Tuxedo Yachting House from Ceccarelli family 40m aluminium superyacht marks the return of Tuxedo Yachting House from Ceccarelli family
Feb .28.2026
40m aluminium superyacht marks the return of Tuxedo Yachting House from Ceccarelli family
Global aluminium scrap Feb 2026 review: US surcharges, EU export fears, and Southeast Asian e-waste bans Global aluminium scrap Feb 2026 review: US surcharges, EU export fears, and Southeast Asian e-waste bans
Feb .28.2026
Global aluminium scrap Feb 2026 review: US surcharges, EU export fears, and Southeast Asian e-waste bans