• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, June 1, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
Home Business Extractives/Energy

Ghana Boosts Bauxite Production with $123M Investment 

April 10, 2025
in Extractives/Energy
Reading Time: 4 mins read
0

The Ghana Bauxite Company Limited (GBC) has embarked on an ambitious path to ramp up bauxite production to six million tonnes by the end of 2025, following a strategic investment of US$122.97 million aimed at modernising infrastructure and enhancing operational efficiency. 

General Manager of GBC, Mr. Alexander Gyedu, announced that this aggressive expansion plan is already yielding results.  

“We have seen production volumes increase from 1.3 million tonnes per annum to 1.8 million tonnes in 2024, thanks to the combination of advanced surface mining technology and traditional drill-and-blast methods.” 

Mr. Alexander Gyedu, General Manager of GBC

Mr. Gyedu credited the turnaround to the acquisition of GBC by Ofori-Poku Company Limited (OPCL) from Chinese firm Bosai Group in 2022.  

RelatedPosts

Expert Calls for Strengthening DMCs to Improve Small-Scale Mining Governance

Ghana to Establish West Africa’s First Climate and Sustainability Hub 

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

“The change in ownership has been a catalyst for growth.

“OPCL has injected new life into GBC by replacing obsolete machinery and expanding our fleet significantly.” 

Mr. Alexander Gyedu, General Manager of GBC

Since taking over, OPCL has procured 42 earth-moving machines, 52 dump trucks, 16 utility vehicles, one surface miner, and 35 light-duty vehicles. A second surface miner is expected by the end of June 2025.  

The Haulage Department has also been transformed, with 161 9-axle trucks added to the fleet, increasing bauxite transportation volumes from 600,000 tonnes in 2022 to a projected 1.7 million tonnes in 2024. 

While pursuing rapid industrial growth, GBC maintains a strong commitment to environmentally responsible mining.  

“We are mining in a region known for its rich biodiversity. That’s why environmental protection is non-negotiable.” 

Mr. Alexander Gyedu, General Manager of GBC

GBC adheres strictly to Environmental Protection Agency (EPA) regulations, including routine audits and comprehensive Environmental Impact Assessments.  

“We file our environmental reports with the EPA diligently.

“We are also implementing reclamation plans alongside mining operations to ensure sustainability.” 

Mr. Alexander Gyedu, General Manager of GBC

GBC’s ecological efforts have earned praise from environmental experts, who underscore the importance of balancing resource exploitation with ecological preservation.  

The Ministry of Lands and Natural Resources has consistently called on mining companies to prioritize responsible mining, and GBC is cited as a positive example. 

Revitalizing Ghana’s Bauxite 

Ghana Bauxite Company Sets Bold Production Target
Ghana Bauxite Company Sets Bold Production Target

Ghana’s history with bauxite dates back to 1921 when it was first discovered by the Gold Coast Geological Survey.  

GBC has been producing high-grade trihydrate bauxite from its Inchiniso pit since 1969, with an average Run-of-Mine (ROM) output of 2.5 million metric tonnes per year.  

The current mining lease, ratified for 30 years, covers an extensive area of 47.04 square kilometres across Subri, Inchiniso, Kanayerebo, Afumba, and Boakakhirri. 

With the government retaining a 20% share in the company and OPCL holding the remaining 80%, this public-private partnership presents a model for resource-based national development. 

“We’re not just increasing output; we’re supporting livelihoods and contributing to local economic development.” 

Mr. Alexander Gyedu, General Manager of GBC

In line with Ghana’s broader mining sector vision, GBC’s efforts dovetail with government initiatives to attract investment, improve mining governance, and promote local content.  

The Environmental Protection Agency and the Minerals Commission are actively collaborating with companies like GBC to implement best practices in resource management. 

Mr. Gyedu called for continued support from government agencies and stakeholders to ensure GBC’s efforts align with the nation’s development objectives.  

“With transparency, community collaboration, and sustainability at the heart of our operations, we are not only mining bauxite—we are building a future for Ghana.” 

Mr. Alexander Gyedu, General Manager of GBC

As GBC works toward its six million-tonne production target, the company’s investment in technology and environmental sustainability is expected to drive economic growth, create job opportunities, and reinforce Ghana’s position as a key player in global bauxite production. 

READ ALSO: GSE Records Tepid Trading Session with Ghana Oil Company as Sole Gainer 

Tags: Bauxite productionEnvironmental SustainabilityGhana Bauxite CompanyMining industry in GhanaOPCL investment
Share1Tweet1ShareSendSend
Previous Post

Forestry Commission Must Go Commercial to Boost Self-Sufficiency – Lands Minister

Next Post

BoG Charts New Course with Risk-Sensitive Regulation Framework

Related Posts

LMWG Calls on President to Intervene in Adamus Mining Dispute

Expert Calls for Strengthening DMCs to Improve Small-Scale Mining Governance

by Prince Agyapong
June 1, 2025
0

Ing. Wisdom Edem Gomashie, renowned mining consultant has urged the government to strengthen and restructure District Mining Committees (DMCs) to improve the governance of Ghana’s artisanal and small-scale mining (ASM) sector. Speaking on the future of...

Hon. Seidu Issifu Unveils Ghana’s Ambitious Transition to Circular Economy 

Ghana to Establish West Africa’s First Climate and Sustainability Hub 

by Prince Agyapong
May 31, 2025
0

Minister Seidu Issifu announces plans to launch a Climate and Sustainability Hub in Ghana

Fuel Prices

Fuel Prices Set to Drop 5-9% as Cedi Strengthens – ASEC 

by Prince Agyapong
May 30, 2025
0

The Africa Sustainable Energy Centre projects a 5-9% reduction in Ghana’s fuel prices, citing a stronger cedi and falling global oil prices.

Mining Investments

Chamber of Mines Calls for Transparency, Reports $11.9B Mineral Exports in 2024 

by Prince Agyapong
May 30, 2025
0

At its 97th AGM, the Ghana Chamber of Mines urged government transparency and policy consistency while revealing a 19.3% surge in gold

President Bola Ahmed Tinubu

Nigeria Targets Investment Revival with New Oil and Gas Incentive Order 

by Prince Agyapong
May 30, 2025
0

Nigeria’s Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) aims to attract new investment

Please login to join discussion

Recent News

  • The Article 14 Puzzle: Law Violation or Legal Technicality? – Explainer
  • MP Says Wontumi’s Arrest Long Overdue
  • Gabon To Halt Manganese Exports By 2029
  • UK Army Expansion Plans Delayed Until Post-Election
  • GCAA Extends Operating Hours at Kumasi, Tamale Airports
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.