Ghana Manganese Company Plans $450 Million Refinery in Tarkwa
The Ghana Manganese Company (GMC) is set to establish a manganese refinery in the Tarkwa enclave, near Nsuta in the Western Region. This ambitious project, estimated to cost $450 million, aims to enhance the value of raw manganese products, create job opportunities for local youth, and contribute to the socio-economic development of the country. The announcement was made by GMC’s Deputy Managing Director, Sun Yuanwei, during the inauguration ceremony of the vessel MV CBS Years at Takoradi Port.
The MV CBS Years, which is the largest bulk carrier to ever dock at any West African port, boasts a capacity of 300,000 metric tonnes. Its arrival marks a significant milestone for both GMC and the port’s operations. The vessel’s docking is a collaborative effort between GMC, COSCO Shipping Lines, and the Ghana Ports and Harbours Authority (GPHA). This development is expected to increase bulk export shipments through Takoradi Port, thereby boosting export revenue for both GPHA and the nation.
Yuanwei emphasized that the vessel’s arrival signifies a new era for GMC and the maritime and mining industries in the sub-region. He stated, “For GMC, this moment reaffirms our commitment to leadership in the global manganese market. Every tonne we mine, every shipment we dispatch, and every partnership we build tells a story of progress.” He also highlighted that the successful docking of the MV CBS Years demonstrates GMC’s readiness to tackle future challenges and seize opportunities.
Strategic Developments and Future Plans
Captain James Quayson, Director of the Takoradi Port, noted that the berthing of the MV CBS Years reflects a strategic vision, sustained infrastructure investment, and effective public-private collaboration at the port. He pointed out the necessity for manganese to be transported from the mining area to the port via rail. To facilitate this, plans are underway to connect Takoradi Port to the Western Railway Line, ensuring that cargo can be moved by rail instead of road.
The Western Regional Minister, Joseph Nelson, expressed his enthusiasm for the refinery project, highlighting that manganese extracted from the region supports industries worldwide. He commended GMC for its initiative to build a refinery, which will ensure value addition to the raw materials.
However, the Paramount Chief of the Essikado Traditional Area, Naba Kobina Nketsia V, voiced concerns about the export of raw materials without added value. He welcomed GMC’s plans for a refinery but sought clarity on the timeline for its construction. He also supported the proposed rail transport of manganese, stating that it would help extend the lifespan of the region’s road infrastructure.
As GMC moves forward with its refinery plans and the operationalization of the MV CBS Years, the company aims to strengthen its position in the global manganese market while contributing to the local economy and infrastructure development.
