The Executive Chairman of the McDan Group of Companies, Dr Daniel McKorley, has underscored the significance of leveraging natural resources to drive industrialisation across key African economies.
He said this during his address as the special guest of honour at the world's largest salt conference in India.
Sharing insights into his salt mining venture, Electrochem, situated in Ada-Songor, Dr McKorley highlighted the lucrative opportunity salt mining presents for Africa and beyond.
He emphasised its potential to generate revenue and bolster export channels.
He advocated for the establishment of a global consortium comprising salt producers, distributors, and pharmaceutical firms to facilitate knowledge exchange, optimize supply chains, and mitigate potential shortages.
Furthermore, Dr. McKorley emphasized the indispensable role of salt in various industries, particularly in pharmaceuticals, stressing the importance of ensuring a stable supply of pharmaceutical-grade sodium chloride.
He urged industry stakeholders to embrace technological advancements to drive innovation in salt harvesting, proposing the exploration of automated mining, drone technology, and advanced purification methods to enhance efficiency and productivity while minimising environmental impact.
In conclusion, Dr McKorley called for sustainable transportation solutions to facilitate the seamless movement of goods and people, contributing to meeting demand efficiently and cost-effectively while prioritizing environmental sustainability and expanding market opportunities.
He also advocated for increased support for research and development initiatives to enhance the efficiency and scalability of solar salt production methods.
Latest Stories
-
Haaland scores as Manchester City beat Nottingham Forest
37 mins -
Villas-Boas elected Porto president
42 mins -
Situation on frontline has worsened, Ukraine army chief says
49 mins -
US doctor describes witnessing starvation in northern Gaza
54 mins -
CAFCC: RS Berkane make final after USM Alger refused to play 2nd leg over Moroccans’ jersey
56 mins -
Elon Musk in China to discuss enabling full self driving
1 hour -
PSG clinch Ligue 1 title after Lyon’s win over Monaco
3 hours -
Guinness Ghana sets the pace at Ghana Beverage Awards with six awards
4 hours -
Burkina Faso suspends BBC, VOA radio broadcasts over killings coverage
4 hours -
Nicole Kidman honoured with AFI Life Achievement Award
4 hours -
Brassier scores winner for Brest as they edge Rennes to secure European football
4 hours -
Akufo-Addo jabs Ejisu independent candidate; rubbishes allegations to rig by-election
5 hours -
‘What are the real causes of the erratic power outages?’ GUTA asks ECG
5 hours -
Implementing ESG framework in Ghana’s energy sector for sustainability
5 hours -
CAFCC: Dreams FC exit competition after 0-3 defeat in Kumasi
5 hours