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Bauxite

Jamaican bauxite takes a Louisiana route to Ghana’s aluminium industry in proposed $60m deal

Ghana is looking to Jamaica for a solution to one of the biggest gaps in its aluminium value chain: alumina supply. The two countries are negotiating a proposed USD 60 million arrangement that would see Jamaican bauxite processed at a refinery in Louisiana and the resulting alumina shipped to Ghana for aluminium production. The plan could give Ghana an additional source of alumina as it works to develop an integrated aluminium industry, while giving Jamaica a renewed role in a bauxite-alumina ...

Bauxite

Majority stake sale is not the only path to modernise VALCO, industry analysts argue

Industry analysts have argued against allowing a strategic investor to acquire up to a 70 per cent stake in the Volta Aluminium Company (VALCO), stating that Ghana's estimated USD 48 billion bauxite reserves could provide an alternative route to financing the state-owned aluminium producer's modernisation. They have argued that Ghana should explore financing options backed by its mineral resources rather than relinquishing majority ownership of VALCO in exchange for a proposed USD 600 million ...

Primary AL

VALCO workers questions alleged privatisation plans for state-owned aluminium company

Workers of Volta Aluminium Company (VALCO), supported by members of the Industrial and Commercial Workers' Union (ICU-Ghana), staged a questioning on Monday over what they described as alleged plans to privatise the state-owned aluminium producer. The demonstration took place at the VALCO Club House in Tema, where workers gathered wearing red and displayed placards expressing their opposition to any proposal that could result in changes to the company's ownership structure. Workers oppose re ...

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