GIADEC open to investment opportunities in the Integrated Aluminium industry – CEO

GIADEC is seeking global investors to help establish an Integrated Aluminium Industry (IAI) in Ghana. Developing the aluminium value chain requires over $6 billion.

CEO Reindorf Twumasi Ankrah stressed that the corporation cannot rely solely on government funding, making partnerships essential. During an investor engagement with African Selection Group (ASG), Managing Director John Kamara expressed interest in modernising the VALCO smelter and increasing its capacity from 60,000 to over 300,000 metric tonnes annually.

ASG’s strategy includes upgrading infrastructure, improving energy efficiency, and building an alumina refinery to reduce import dependence. ASG also plans to adopt sustainable refining methods and alternative energy sources.

As a vertically integrated natural resources company, ASG aligns with GIADEC’s vision of developing Ghana’s aluminium industry into a globally competitive sector.