GIADEC Secures Strategic Investors For Modernisation of VALCO and Construction of Alumina Refinery
The Ghana Integrated Aluminium Development Corporation (GIADEC) has secured investors to modernise and construct VALCO and an Alumina Refinery respectively.
A list of interested investors was compiled by a committee constituted in November 2025 and submitted to the Minister for Lands and Natural Resources, Hon. Emmanuel Armah-Kofi Buah.
The committee in accordance with its mandate evaluated the proposals received by GIADEC and submitted its options analysis report to the Minister on Thursday, 8th January, 2026.
Speaking at the meeting to hand over a copy of the report, the Minister expressed his profound gratitude to the committee for their dedication and diligent work.
Hon. Buah said the alumina refinery and VALCO modernisation are cornerstone projects in Ghana’s industrialisation agenda, aimed at transforming the country from a bauxite raw material-exporting economy to one that processes and adds value locally.
“These two projects are interdependent and mutually reinforcing,” he stated.
“The refinery will feed the smelter, the smelter will anchor downstream aluminium manufacturing, and together they will drive the growth of industrial clusters supported by logistics, power, rail, and port infrastructure.”
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