Ghana

Ghana urged to unlock bauxite export opportunities through China and AfCFTA
17 OCT 20265MINS

Ghana urged to unlock bauxite export opportunities through China and AfCFTA

Ghana should develop a clear strategy to expand bauxite exports, strengthen value addition and take advantage of emerging international markets, rather than focusing solely on membership of global economic blocs such as BRICS, Africa Prosperity Network founder and Executive Chairman Gabby Asare Otchere-Darko has said. Otchere-Darko argued that Ghana must prioritise the African Continental Free Trade Area (AfCFTA) and intra-African trade while preparing to benefit from China's reported zero-tariff initiative for 53 African countries. His remarks highlighted the need for the country to translate access to international markets into tangible economic gains, including opportunities for commodity sectors such as bauxite. “Because if you're not careful, your relevance will be reduced to...

02 SEPT 20265MINS

Ghana’s 920Mt of bauxite reserves catch global investors’ attention amid aluminium push

International investor interest in Ghana’s bauxite industry has intensified, with Coal India becoming the latest overseas company to evaluate opportunities in the country as it seeks to diversify beyond coal and secure mineral assets abroad. The Indian state-controlled miner’s interest remains at an early evaluation stage. No specific Ghanaian mine, deposit or company has been identified, and there is no indication that formal negotiations with the Ghanaian authorities have begun. Coal India’s Ghana interest forms part of a broader international expansion strategy focused on minerals including bauxite, lithium, iron ore, rare earths and other critical minerals. The company is also working towards establishing its first overseas trading office in Singapore, which could serve as a base for...


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Coal India eyes Ghana’s 920Mt bauxite as India hunts global mineral assets
Bauxite

Coal India eyes Ghana’s 920Mt bauxite as India hunts global mineral assets

Coal India, the world’s largest coal producer, is evaluating bauxite opportunities in Ghana as the Indian state-controlled miner eyes expansion beyond coal and to secure overseas mineral assets. The Ghana interest is part of a wider plan to establish Coal India’s first overseas trading office in Singapore. This could serve as a base for mineral trading and potential acquisitions involving bauxite, lithium, iron ore, rare earths and other critical minerals. As of Thursday, Coal India was valued at around INR 2.48 trillion (USD 26 billion) on the Indian stock market. As per its official database, the company produced 768.19 million tonnes of coal in FY2025-26. Its move into overseas minerals comes as India seeks to secure resources required for manufacturing, renewable energy, electric...

VALCO expands beyond primary aluminium with new rolling mill, a step to address Ghana’s import gap
Downstream

VALCO expands beyond primary aluminium with new rolling mill, a step to address Ghana’s import gap

Volta Aluminium Company Limited (VALCO) plans to move further into Ghana’s aluminium value chain with a new continuous casting and rolling mill that will produce aluminium rods for electrical cable manufacturers. The company has already supplied test samples to Nexans Kablemetal and Reroy Cables, with both manufacturers giving positive feedback. VALCO Finance Director, Sepenu Agbetsise, stated, “Hitherto, these companies would have had to import the rod and process it into the various cables that power our homes. Now, VALCO is in a position to supply those directly.” To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " The move takes VALCO beyond its traditional focus on primary aluminium....

Jamaican bauxite takes a Louisiana route to Ghana’s aluminium industry in proposed $60m deal
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 relationship that dates back decades. Jamaican bauxite could be processed in Louisiana Under the proposed arrangement, bauxite from Jamaica would be shipped to the Atlantic Alumina Company (ATALCO) refinery in Gramercy, Louisiana, for processing into alumina. The alumina would then be exported to...

Majority stake sale is not the only path to modernise VALCO, industry analysts argue
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 investment. "We are sitting on bauxite worth USD 48 billion, yet we claim we cannot raise USD 600 million. Isn't that strange?" they said. According to the analysts, the country's aluminium industry has the potential to become a cornerstone of Ghana's industrialisation strategy, making it important...

VALCO workers questions alleged privatisation plans for state-owned aluminium company
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 reported investment plans According to the participants, the Ghana Integrated Aluminium Development Corporation (GIADEC) is pursuing plans to introduce strategic equity investors into VALCO. They argued that such a move would effectively amount to the privatisation of the state-owned aluminium company....

Ghana signs $341.6m deal with Danieli to strengthen aluminium value chain
Downstream

Ghana signs $341.6m deal with Danieli to strengthen aluminium value chain

Ghana has moved a step forward to boost its aluminium industry after the signing of a Memorandum of Understanding (MoU) between the Ghana Integrated Aluminium Development Corporation (GIADEC) and Italian engineering company Danieli & C. Officine Meccaniche S.p. A. for developing downstream aluminium processing infrastructure in the country. The deal sees Danieli invest around EUR300 million (USD 341.61 million) in an aluminium sheet and foil rolling facility at the proposed Tema Integrated Industrial Park. The plant is projected to generate 40,000 to 45,000 tonnes of value-added aluminium products annually across ten categories for industries such as packaging, pharmaceuticals, food processing, catering and other industrial uses. The project also involves setting up a Centre of Excellence...

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