Ghana
AL Circle Analysis: Alumina prices fall 22%, Ghana advances bauxite projects & global aluminium production rises 2.1%
The global aluminium industry is entering a new phase of competition, with access to raw materials, affordable energy and production capacity increasingly shaping the position of major producers. China is preparing a large overseas smelting expansion, Ghana is attracting investment in its bauxite reserves, and India and Vietnam are advancing new aluminium projects. However, the expansion drive comes against a complicated market backdrop. Alumina prices have fallen sharply, energy and logistics costs remain significant, and trade policies are reshaping the economics of production and exports. Together, these developments point to a market in which securing resources is only part of the challenge; converting them into competitive aluminium will matter just as much. Africa’s bauxite...
From losses to profits: VALCO sets sights on 1.5 million tonnes of alumina
The Volta Aluminium Company Limited (VALCO) has reported a provisional profit of USD 1.3 million within the first nine months of 2026, signalling progress in its efforts to restore operations and strengthen its financial position. The Ghanaian aluminium producer has also outlined an ambitious expansion target of processing 1.5 million tonnes of alumina within the next decade, supported by an estimated USD 4 billion investment. VALCO CEO Dr Robert Makila Sambian said the company was now focused on strategic capital investment to achieve its long-term production ambitions. He shared the update during the Ministry of Lands and Natural Resources' Progress Report Series, an initiative through which agencies under the ministry present updates on their activities and performance to the media....
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MOREAL Circle Analysis: Scrap in EU, Thailand, 25%Trimet CO₂ cut, India’s 16.3tCO2 gap draw aluminium supply chain
AL Circle Analysis: 278% China-US FRP rise, $692m Germany-France FRP trade, India’s 300m-can gap draw aluminium map
AL Circle Analysis: Alumina prices fall 22%, Ghana advances bauxite projects & global aluminium production rises 2.1%
Global alumina production remains below 2025 levels despite a Q3 rebound, reaching 114 million tonnes in 9M2026
Germany-France aluminium FRP trade 2026 at $692m: Two-way exchange of coil, sheet, foil and high-value products
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Ghana hosts Guinean investor at $17.5b Nyinahin bauxite deposit after RUSAL
Ghana is exploring further foreign investment in its Nyinahin bauxite deposits, with the Ghana Integrated Aluminium Development Corporation (GIADEC) hosting a delegation from Guinea’s ORG Technology at the site on November 1, 2026. The visit took place just three days after Ghana agreed with Russia’s RUSAL to jointly develop part of the same deposit. The delegation was led by GIADEC Deputy Chief Executive Officer Maxwell Essien and included representatives of ORG Technology. Atwima Mponua District Chief Executive Ibrahim Issahak received the team in Nyinahin, in the Ashanti Region. The visit signals interest from another foreign company in a deposit that Ghana has been seeking to develop for several years. However, no details were provided about ORG Technology’s proposed role, whether it...
RUSAL targets Ghana's massive bauxite reserves with a 5Mt mining plan
Russian aluminium producer Rusal has reached an agreement with Ghana's state-owned Ghana Integrated Aluminum Development Corporation (GIADEC) to jointly develop bauxite mining and alumina refining projects, marking a significant step towards expanding the country's domestic aluminium value chain. Under the agreement, the projects will be implemented through two joint ventures in which Rusal will hold majority stakes. The proposed developments include bauxite mining operations with annual production capacity of up to 5 million tonnes and an alumina refinery capable of producing 1.2 million tonnes annually. The projects will target the Nyinahin bauxite deposit in southwest Ghana, where estimated resources exceed 100 million tonnes, according to Rusal. The agreement was announced during a...
Ghana Bauxite Company seeks $250m to expand mining operations
Ghana Bauxite Company Limited (GBC) has appointed Ecobank Ghana PLC to arrange up to USD 250 million in financing for its expansion programme, which aims to increase bauxite production and improve mining and logistics infrastructure. The parties signed the agreement in Accra on October 28, 2026. Ecobank will structure the proposed financing and coordinate participation from other banks and financial institutions. The package includes a term loan and a revolving credit facility to cover capital investment and working capital. The funds are expected to support investments in mining equipment, haulage capacity, materials-handling systems and other infrastructure at GBC’s Awaso operations in the Western North Region. Explore the production, demand and consumption forecasts of bauxite and...
Ghana’s bauxite bottleneck: President Mahama courts investors for missing alumina refinery
Ghana is seeking investors to establish an alumina refinery, aiming to close a gap in its bauxite-to-aluminium production chain as the country prepares to phase out raw mineral ore exports by 2030. President John Dramani Mahama has identified the absence of domestic alumina refining as a key obstacle to retaining more value from the country’s mineral resources. Speaking during a panel discussion at the 2026 Financial Times Africa Summit on October 21, Mahama said Ghana could no longer rely on exporting raw materials while importing finished products. The government wants more processing to take place locally, creating jobs and expanding industrial activity. “We cannot continue forever to be the exporter of raw materials to the rest of the world and consumers of finished products,” Mahama...
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...
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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