The Ghana Integrated Aluminum Development Corporation (GIADEC) has expressed confidence of an increase in the production capacity of bauxite if the new mining lease before parliament is approved.
This comes after Parliament in July this year unanimously ratified a mining lease for the Ghana Bauxite Company, allowing it to mine bauxite at Awaso in the Bibiani Anwhiaso Bekwai Municipality of the Western North Region.
The decision was made following a report presented by a joint Parliamentary Committee of Mines and Energy, and Lands and Forestry on June 26, 2024.
The Awaso Bauxite Mine is a key part of the government’s policy to build an integrated aluminum industry in the country.
According to Senior Technical Manager at GIADEC Dr. Kwabena Mensah the move by parliament will boost the bauxite mining space and explore more opportunities for Ghana to end the exportation of raw bauxite.
Speaking to Joy Business at a media workshop on a report on the 2021/2022 Ghana Extractive Industries Transparency Initiative, Dr. Mensah said GIADEC has identified the mine as one of its four projects to build an integrated industry.
"The Ghana Bauxite Company is required to meet some EPA conditions. We have added two more hills to ensure they meet the quantities and volume we expect for the integrated aluminum projects. We are putting things in place for them to have enough resources. They are working on an improved equipment and moving away from the traditional ways of mining"
"It's a step not a one day thing. They are working judiciously to meet targets. There is a timeline but they are really working. The mining processes will be improved," he said
GIADEC is working with strategic investors to expand the mine and build a refinery solution to refine bauxite mined in the area.
Latest Stories
-
Bonsu Baah to have Al Qadsiah medical in Madrid on Friday ahead of signing four-year deal
26 seconds -
I live by God, not perception or opinion – AratheJay
39 seconds -
How long would you live in Ghana? GHS Public Health Director breaks down 5 factors
3 minutes -
Ashanti Region: Police Intelligence Directorate dismantles criminal syndicate involved in vehicle thefts
4 minutes -
Middle East tensions unlikely to disrupt Ghana’s diplomatic ties – Nana Yaw Mireku
8 minutes -
Ghana courts Chinese investors with 24-hour economy incentive
10 minutes -
Joy Sports’ Nathaniel Attoh unites classmates to fund legacy project for St. Augustine’s College
10 minutes -
PIAC unhappy with execution of oil-funded projects in Yendi
13 minutes -
Bawumia deserves another chance to lead NPP – Political Analyst
15 minutes -
NSA warns students against enrolling in unaccredited tertiary institutions
19 minutes -
Behind the Mic and Beyond: Becky’s Impact on Ghana’s Entertainment and Media Space
21 minutes -
It’s always in the interest of Ghana to play the intermediary role – Nana Yaw Mireku
24 minutes -
Pro-U.S. hostile comments can affect your visa applications – U.S. Consul General
28 minutes -
NPP MPs must remain neutral – Minority Leader, Kyei-Mensah-Bonsu, Arthur Kennedy share views
29 minutes -
We don’t intend to make government unpopular – 2022 graduate teachers
31 minutes