The development of an integrated bauxite and aluminum industry in Ghana has been announced by President Nana Addo Dankwa Akufo-Addo.
He stated this during the 77th session of the UN General Assembly on September 21, 2022, and added that Ghana was processing more of its cocoa in addition to refining more of its natural resources, particularly gold.
Ghana is determined to develop its lithium riches, said President Akufo-Addo.
“We are going to exploit the entire value chain of our enormous lithium deposits,” he added, adding that “we are processing more of our cocoa and refining more of our gold.
“We are busily building an integrated bauxite and aluminium industry and an integrated iron and steel industry, building new oil refineries and have, so far, attracted six (6) of the world’s biggest automobile manufacturers to set up assembling plants in Ghana, prior to producing them in the country,” he stated.
He stated that in line with government’s industrialization agenda, the creation of a single market is key to achieving this vision.
President Akufo-Addo noted that Ghana has taken policy measures to add value to its natural resources.