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    Ghana drafts bill for Integrated Bauxite & Aluminium Development Authority

  • China Aluminium Network
  • Post Time: 2017/12/7
  • Click Amount: 227

    Government of Ghana is drafting a bill to be presented to parliament for the establishment of the Integrated Bauxite and Aluminium Development Authority, according to news published by

    Alhaji Dr Mahamudu Bawumia, Vice President of Ghana, made the announcement at the ongoing Regional Forum on the extractive industry in Ghana, co-sponsored by the Government of Ghana and the Uongozi Institute, which is under the office of the President of Tanzania.

    He said: “As we deliberated on this paradigm shift and were trying to make a break from the past, in drafting this new bill we thought it was very important to get the best minds across the continent and in the world to discuss the whole issue of value addition.”

     “The value of bauxite increases nearly six times of refined into alumina and nearly 33 times if converted into aluminium metal alloy. Given the various stages of the value chain, I know, which part I want to be in,” he further added.

    The government is determined to exploit the strategic natural resources that the country has in bauxite and other ore deposits to put its economic growth on fast track.

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