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GIADEC seeks investors for 2-million-tonne aluminium refinery

Mining firms to secure community approval before licences are issued – Lands Minister
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By Ashiadey Dotse

The Minister for Lands and Natural Resources, Emmanuel Armah Kofi Buah, has announced that the Ghana Integrated Aluminium Development Corporation (GIADEC) is engaging investors to establish a two-million-metric-tonne-per-year aluminium refinery as part of efforts to expand Ghana’s downstream aluminium industry.

Speaking at the Government Accountability Series at the Jubilee House on Wednesday, July 15, 2026, Mr Buah said the project forms part of the government’s industrialisation agenda aimed at adding value to the country’s mineral resources and creating more jobs.

He said GIADEC, in partnership with the Tema Development Corporation and private investors, is developing Tema Industrial Park Limited, a joint venture that will establish a world-class integrated industrial park within the Tema Heavy Industrial Area.

According to the Minister, the industrial park is expected to be completed within the next 36 months and will serve as a major hub for aluminium processing and manufacturing.

Mr Buah said GIADEC is also in discussions with investors to establish an aluminium foil manufacturing plant at the industrial park. The facility is expected to produce between 40,000 and 50,000 tonnes of high-quality aluminium foil annually when completed.

He noted that the projects will support Ghana’s vision of developing a strong downstream aluminium industry while increasing local value addition and boosting exports.

The Minister also highlighted progress in the iron and steel sector, revealing that the Ghana Integrated Iron and Steel Development Corporation (GIISDEC) has completed an advanced mineral resource assessment of the Shieni iron ore block in the Oti Region.

He said independent laboratory analysis confirmed the presence of high-grade iron ore deposits, resulting in the development of a bankable feasibility report that positions Ghana as an attractive destination for large-scale investment in mining and mineral processing.

Mr Buah said the development of Ghana’s aluminium and iron industries will reduce dependence on imported metal products, create jobs and drive industrial transformation.

He stressed that adding value to Ghana’s natural resources remains a key priority of the government, describing it as critical to building a resilient and competitive economy.

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