GIADEC Introduces New Shareholder Of GBC To Ahwiaso And Sefwi Bekwai Traditional Leaders | General News

The Ghana Integrated Aluminum Development Corporation (GIADEC) has launched OPCL as the brand new majority shareholder of Ghana Bauxite Company (GBC) to the normal leaders, Chiefs and other people of Ahwiaso and Sefwi Bekwai within the Western North area.

OPCL, a completely owned Ghanaian firm in March 2022 acquired the full 80% shares in GBC, which was beforehand held by Chinese mining big, Bosai Minerals Group Limited with the rest 20% held by the Government of Ghana (GoG) following Bosai's choice to tug out of operations and exit the nation. GoG's curiosity in GBC is held by GIADEC.

At a courtesy name, first on the President of the Western-North Regional House of Chiefs and Sefwi Ahwiaso Traditional Council, Ogyeahoho Yaw Gyebi II, at his Palace in Sefwi Ahwiaso, the normal leader, who doubles as President of the National House of Chiefs , counseled GIADEC for guaranteeing a seamless transition from the previous to the brand new managers of GBC which has led to the continuity of labor with none break.

He was notably grateful to the CEO of GIADEC, Mr. Michael Ansah for taking part in an instrumental position in guaranteeing that there have been no job losses through the transitional part as that was a significant concern particularly for the native staff.
Ogyeahoho Yaw Gyebi II counseled OPCL for taking on the administration of GBC and urged them to 'flip a brand new leaf' within the operations of the corporate. According to him, the communities haven't loved any significant advantages particularly through the administration of Bosai Minerals Group Limited and thus expects OPCL to do issues in a different way.

He made a passionate attraction to OPCL and GIADEC to supply employment alternatives to the teeming youth within the space and maintain the normal council up to date on main developments.

The delegation subsequent cease was on the Palace of the President of Sefwi Bekwai Traditional Council, Oyeadeyie Basape Kwadwo Armah II for a proper introduction of OPCL as the brand new majority shareholder in GBC. The group was welcomed by the Acting President of the Traditional Council, Katakyie Kwasi Afful who reiterated the necessity for OPCL to not neglect the neighborhood however see it as considered one of its key stakeholders.

He pledged his help and that of his individuals to the operations of GBC beneath the brand new administration of OPCL including that the success of GBC will carry huge developments to the communities that has eluded them for years.
Chief Executive Officer of GIADEC, Mr. Michael Ansah, expressed his gratitude to the normal leaders for his or her steady help to the Integrated Aluminum Industry (IAI) imaginative and prescient and guaranteed them that he stays dedicated to the overriding purpose of worth addition.

He famous that GIADEC is working with the Government of Ghana and its new accomplice, OPCL, to stabilize the present operations at Awaso. The new outlook for GBC, within the brief to medium time period, in response to Mr. Ansah, is to ramp up manufacturing from 1million tonnes every year to 2 million every year.

Touching on the position of OPCL in executing Project 1, considered one of 4 tasks beneath the IAI, Mr. Ansah emphasised that GIADEC is at present assessing the capability of OPCL to execute Project 1 which entails the enlargement of the present Awaso mine and constructing of a refinery .

On his half, the Executive Chairman of OPCL, Mr. Ofori Poku, was grateful to the normal leaders for his or her endorsement and present of help. He assured them that GBC acknowledges the normal leaders and other people within the communities as improvement companions and his go to is to rekindle and additional strengthen the present relationship between them.

The delegation from GIADEC included its Deputy CEO, Akwasi Osei-Adjei, Executive Assistant to the CEO, Kojo Yankah, Communications Manager, Sheriff Appiah, External Affairs and Sustainability Manager, Ernest Appiah, and Joseph Chibae Adjaho, member of the Communications group.

The delegation was additionally joined by Senior Executive Members of Ofori Poku Company Limited (OPCL).