Tag: manganese refinery

  • Sod-cutting of Manganese Refinery in Nsuta slated for November 21

    Sod-cutting of Manganese Refinery in Nsuta slated for November 21

    The sod-cutting ceremony for the construction of a $450 million manganese refinery in Nsuta, located in the Western Region, is set for November 21.

    This project is a significant part of the government’s plan to enhance the value of Ghana’s mineral resources, shifting from raw exports to local processing and value addition.

    The announcement was made by the Minister for Lands and Natural Resources, Samuel A. Jinapor, during his visit to the Ghana Manganese Company (GMC) on October 23, 2024. Speaking to the media, the minister expressed optimism about the imminent start of the refinery, which is seen as a crucial step in advancing Ghana’s industrial goals.

    Jinapor praised the management and staff of GMC for their dedicated service and noted that the refinery’s construction will transform the country’s manganese industry by creating jobs, generating more revenue, and developing downstream industries.

    “This project is a major milestone for our government and the country’s natural resources sector,” Jinapor stated. “We are at the final stages of preparation, and once construction begins, it will signal the end of raw manganese exports. Instead, we will be adding value to our resources here in Ghana.”

    He further explained that collaboration between Ghana and China has advanced the project significantly, with both countries’ teams working together to finalize plans. Parliamentary approval for the fiscal regime is one of the last steps before construction begins.

    The refinery is a core element of President Nana Addo Dankwa Akufo-Addo’s vision to make Ghana a hub for mineral processing, which aligns with the broader objective of industrializing the country’s economy. Jinapor emphasized that this marks a new era for the manganese industry, which has long relied on the export of raw materials.

    “Once this refinery is operational, it will have a far-reaching impact on employment, downstream industry development, and overall economic growth,” he said, highlighting the positive effects the project will have on both local communities and the national economy.

    The refinery’s construction is expected to attract further investments in related sectors, boosting Ghana’s position in the global minerals market and increasing the country’s competitiveness in mineral value addition.

  • Ghana to begin construction of its first manganese refinery in August

    Minister of Lands and Natural Resources, Samuel Abu Jinapor, has announced that construction of Ghana’s first manganese refinery will begin in August this year.

    This significant project will be done by Ningxia Tianyuan Manganese Industry Group Company Limited, the parent company of Ghana Manganese Company (GMC).

    The establishment of this refinery marks a major milestone for Ghana, as it will be the country’s first facility dedicated to refining manganese.

    This development is expected to significantly increase the value of Ghana’s manganese resources, bolstering the country’s position in the global manganese market.

    Mr. Jinapor made this announcement during the official opening of the 17th edition of the West African Mining and Power Conference and Exhibition (WAMPOC/WAMPEX) on Wednesday, June 5th, in Accra.

    The event brought together industry leaders and stakeholders to discuss advancements and opportunities in the mining and power sectors across West Africa.

    According to Mr. Jinapor, the refinery project underscores the government’s commitment to advancing the mining sector and leveraging natural resources for economic growth.

    “And to ensure that Ghanaians, who are, by our national Constitution, the owners of our mineral resources, benefit fully from these resources, we are putting in place measures to promote beneficiation and value addition, as well as local content and local participation in the sector.”

    “We have, therefore, through a public-private partnership, constructed a 400kg capacity gold refinery to refine the gold we produce, and work on a US$450 million manganese refinery will start in August,” he said.

    President of the Ghana Chamber of Mines, Michael Edem Akafia, emphasised the effectiveness of events like WAMPOC/WAMPEX in facilitating business opportunities.

    He noted that these events boast a 40% conversion rate for turning prospects into actual deals.

    “I would like to extend my sincere gratitude to all our sponsors, partners, and participants for their unwavering support and commitment to making this event a success.

    Your contributions are instrumental in creating a platform for dialogue, knowledge sharing and collaboration essential for advancement and growth. Please join me in thanking and applauding them.”

    “I encourage all of you to actively participate in the sessions, engage in the networking discussions and seize the opportunities presented by this conference to contribute to the sustainable development of mining and power in West Africa.

    Past participants can attest to the lasting benefits of previous WAMPOC/WAMPEX events,” Mr Akafia said.