President Nana Akufo-Addo has said cabinet will submit a bill to parliament this fall to establish the Aluminum Development Authority.
Describing aluminum as “the metal of the future,” Akufo-Addo said the aluminum authority will be responsible for putting together the whole of the infrastructure that is required for the exploitation of the country’s bauxite resources at Nyinahin and Kyebi.
“Aluminum is the metal of the future, and we have substantial quantities of the raw material in our country. We need a strategy that will ensure value-addition, and not just exporting it in its raw form. There is no future in the export of our raw materials. But, that, we must add value inside our country, create jobs, and at the end of the process we will have aluminum,” he said.