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ABU DHABI/WAM
Emirates Global Aluminium (EGA) today announced the signing of an agreement with Ghana Integrated Aluminium Development Corporation (GIADEC) to explore opportunities to develop bauxite-related projects in the Republic of Ghana.
Ghana has more than 900 million tonnes of bauxite resources, in one large and two smaller known deposits. Ghana currently produces around 1.5 million tonnes of bauxite per year.
Under the agreement, EGA and GIADEC will explore the potential for long-term bauxite off-take arrangements and collaboration on rail and port infrastructure to expand production.
Abdulnasser bin Kalban, Chief Executive Officer of EGA, said, “This aligns well with EGA’s goal of diversifying our sources of upstream supply as we grow our metal production, including in the US as we progress our plans to develop a greenfield primary aluminium production plant as announced during the recent state visit to the UAE of President Trump. EGA is looking to double its bauxite production in the next few years and exploring multiple opportunities worldwide, and Ghana is amongst them.”