Industry News

Here’s what GIADEC’s new CEO thinks about Ghana’s integrated aluminium industry and the impact of the bauxite export ban

Views : 156
Update time : 2025-03-07 17:17:04
Ghana Integrated Aluminium Development Corporation (GIADEC) is striving to become a leading contributor to the country's economic development under the leadership of its newly appointed acting Chief Executive Officer (CEO), Mr Reindorf Twumasi Ankrah.

Mr Twumasi Ankrah, GIADEC's new CEO and a distinguished lawyer with extensive experience across multiple legal domains, is prepared to embrace a new challenge to add further value to the work of his predecessor and position GIADEC as a leading force for national advancement by supporting and advancing the indigenous aluminium value chain – the vision with which an act of Parliament established GIADEC.

Mr Ankrah addressed the staff durbar this week, meant to welcome the new CEO of the Corporation, by sharing his belief that Ghana's integrated aluminium industry has the potential to contribute over $2 billion to the nation's economy and thus should be given due attention by the government. He also said he would immediately focus on every aspect of Ghana's aluminium value chain to realise this vision.

Mr Ankrah added that his goal is very well aligned with President Mahama's desire to leverage the country's natural resources to produce finished goods in the domestic market. Instead of exporting bauxite to foreign refineries, the country should utilise it to produce aluminium and create thousands of jobs for local people. In this context, Ankrah emphasised the importance of building local communities that would contribute to mining and refining activities and earn sustainable livelihoods.

Related News
Read More >>
Global primary aluminum production increases in Sep Global primary aluminum production increases in Sep
Oct .24.2025
Global primary aluminum production increases in Sep
Chinese stainless steel mills intend to raise prices Chinese stainless steel mills intend to raise prices
Oct .24.2025
Chinese stainless steel mills intend to raise prices
Trump Administration reopens Alaska’s ANWR to oil & gas development Trump Administration reopens Alaska’s ANWR to oil & gas development
Oct .24.2025
Trump Administration reopens Alaska’s ANWR to oil & gas development
South Korea imposes fines on five companies for price-fixing in wire rod products. South Korea imposes fines on five companies for price-fixing in wire rod products.
Oct .24.2025
South Korea imposes fines on five companies for price-fixing in wire rod products.