Ghana s bauxite deal with China s firm faces concerns shanghainews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghainews.net Daily Mail and Mail on Sunday newspapers.
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Three global manufacturing companies BMW Group, Tetra Pak and Schüco International have signaled concern over the use of bauxite sourced from Ghana’s Atewa Forest for aluminium, stating that they would be unwilling to accept these supply chains due to the catastrophic and irreversible effects on the people and wildlife that depend on the forest. Atewa Forest is a Key Biodiversity Area teeming with thousands of species, and a source of clean drinking water for more than 5 million Ghanaians.
“Saving Atewa Forest from mining should be an inter-generational priority, and we are happy and grateful that big businesses in the aluminium value chain understand the importance of a healthy forest and the environmental services it provides,” said Oteng Adjei, president of the Concerned Citizens of Atewa Landscape (CCAL), the grassroots movement advocating against bauxite mining in Atewa Forest and the recipient of letters from all three companies. “We appreciate their commitment to
Govt to pick strategic investor for bauxite project
March 12, 2021
The government is close to finalising a deal to bring in an investor to partner the Ghana Integrated Aluminium Development Corporation (GIADEC) for bauxite exploitation in the country.
Addressing Parliament in his first State of the Nation Address in his second term, President Nana Akufo-Addo announced that GIADEC has made good progress on the bauxite exploration programme that will drive the government’s industrial transformation agenda.
“We are in the final stage of an open and transparent investor engagement process, and we are in negotiations to select strategic investors to partner GIADEC for the bauxite mining and alumina refinery projects,” the President said. “The selected partner will be announced imminently,” he added.
Graphic Online
BY: Emmanuel Bruce
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The President, Nana Addo Dankwa Akufo-Addo, has reiterated the government’s commitment to make Ghana a self-sufficient country capable of producing its own products.
To this end, he said the government would continue with the agenda of rapid industrialisation, with the aim of transforming the structure of the Ghanaian economy from one dependent on production and export of raw materials to a value-added, industrialised economy.
He said under the “One, district- One, factory” (1D1F) initiative, 232 projects were at various stages of implementation.
“These include 76 operating as 1D1F companies, while 112, including five medium-size agro-processing factories, and 63 common user facilities are under construction,” he stated.