- Ghana to introduce a new legislative on export of raw bauxite
- The strategy is to harness the country's vast bauxite reserves
- Measures are being put in place to promote beneficiation
Ghana is set to introduce a new legislative framework aimed at restricting the export of raw bauxite.
The Minister of Lands and Natural Resources, Samuel Abu Jinapor, made the announcement at the 2024 West African Mining and Power Conference and Exhibition (WAMPOC/WAMPEX) opening ceremony in Accra.
The government’s strategy is to harness the country’s vast bauxite reserves to develop an integrated aluminium industry.
Key points:
A Legislative Instrument will be enacted to restrict the export of bauxite in its raw state. The government aims to leverage Ghana’s 900 million metric tonnes of bauxite resources to build an integrated aluminium industry.
Policies and programmes are being implemented to create an enabling environment for sustainable investment in responsible mining and power generation. Investment in infrastructure will decentralise operations of the Minerals Commission to improve regulation and monitoring.
Regulatory frameworks are being reviewed and updated to promote transparency, accountability, and good governance. The government is promoting investment in exploration to uncover new mineral reserves and sustain the long-term viability of the mining industry.
Measures are being put in place to promote beneficiation, value addition, local content, and local participation in the sector.
The 17th edition of WAMPOC/WAMPEX is being held in partnership with the Ghana Chamber of Mines, under the theme ‘The Mining and Power Hub: Driving Sustainable Investment Opportunities in West Africa’. The event aims to provide a platform for mining stakeholders to identify, showcase, and benefit from sustainable models to improve business efficiency.
