EGA SIGNS AGREEMENT WITH GIADEC TO EXPLORE OPPORTUNITIES TO DEVELOP BAUXITE-RELATED PROJECTS AND INFRASTRUCTURE IN GHANA
Emirates Global Aluminium, the world’s largest ‘premium aluminium’ producer, 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, with quality resources allowing production expansion. Bauxite is the ore from which aluminium is derived.
Under the agreement, EGA and GIADEC will explore the potential for long-term bauxite offtake arrangements and collaboration on rail and port infrastructure to expand production.
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