Ghana's Decades-Old Ambition to Build an Integrated Aluminium Industry Faces a New Hurdle

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Analysis - It has been more than 60 years since Ghana's first post-independence leader Kwame Nkrumah first mooted the idea that Ghana should produce aluminium from the country's ample supply of bauxite.

, Nkrumah's vision was to construct a dam on Ghana's Volta River to provide dedicated electricity to a newly built smelter. The smelter was to be run by theSuccessive Ghanaian governments have pursued this strategy over the decades. The most recent push came in 2017 when the government embarked on itsand is looking to partner with foreign and domestic companies to actualise a harmonised aluminium industry, including an alumina refinery.

Hydro electricity would, in many respects, be the ideal solution. It is Ghana's cheapest and greenest energy source. And it would allow the country to compete in markets regulated by carbon considerations. Finally, other concerns are emerging around plans to mine bauxite in some of Ghana's last remaining green forests, including the

 

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