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Government To Commence Work On US$450m Manganese Refinery At Nsuta 

Major Investment in Manganese Refinery to Boost Ghana's Mineral Value Chain

Sat, Aug 3 2024 5:13 AM
in Business News, Mining News
Government To Commence Work On US$450m Manganese Refinery At Nsuta 

Samuel Abu Jinapor, Lands and Natural Resources Minister

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Government To Commence Work On US$450m Manganese Refinery At Nsuta

President Nana Akufo-Addo is set to officially begin the construction of a $450 million manganese refinery in Nsuta, Tarkwa Nsuaem Municipality. The refinery aims to enhance the quality of Ghanaian manganese, boosting production to meet global demands for high-grade minerals used in electric vehicle batteries and energy storage systems.

President Nana Akufo-Addo will soon cut the sod for the commencement of a $450 million manganese refinery at Nsuta in the Tarkwa Nsuaem Municipality, Western Region. The refinery, a significant investment in Ghana’s mineral sector, is designed to elevate manganese quality from 27 percent to about 40 percent, thus producing high-grade manganese essential for battery manufacturing and energy storage systems.

Lands and Natural Resources Minister Samuel Abu Jinapor announced the development at the 8th University of Mines and Technology (UMaT) Biennial International Mining and Mineral Conference in Tarkwa. The conference, themed “Innovations in Mining and Mineral Processing: Expanding the Frontiers of Mining Technology,” highlighted the government’s commitment to adding value to the country’s mineral resources.

Mr. Jinapor emphasized that the new refinery and the Green Minerals Policy, which offers incentives for value-added investments, are part of a broader strategy to diversify the economy, create jobs, and enhance Ghana’s industrial capabilities. The policy and regulatory frameworks aim to incentivize local value addition and encourage technological and innovative advancements in the mineral sector.

Government To Commence Work On US$450m Manganese Refinery At Nsuta 
Government To Commence Work On US$450m Manganese Refinery At Nsuta

The minister stressed the importance of investing in geological research, infrastructure, and human capital to support a robust minerals value chain. He called for increased collaboration among industry regulators, academic institutions, and the private sector to ensure that Ghana’s mineral wealth translates into national development and prosperity.

Ghana’s focus on mineral value addition is seen as crucial for enhancing competitiveness and driving socio-economic growth. The refinery project represents a significant step towards realizing these goals, with public-private partnerships playing a key role in advancing the smelting, refining, and manufacturing sectors.

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Professor Richard Kwasi Amankwah, Vice Chancellor of UMaT, highlighted the conference’s role in fostering collaboration among researchers and industry professionals to drive innovation in the mining sector. The conference features over 20 presentations discussing advancements and future directions for the industry

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