Plans are underway to construct a round-the-clock processing hub for critical minerals in Ghana’s Western Region, a move designed to curb the export of raw materials and deepen domestic value addition.
Finance Minister Dr Cassiel Ato Forson revealed the initiative to lawmakers on Thursday, November 12, during the presentation of the 2027 budget statement. The upcoming facility will handle the local refining of major resources such as gold, lithium, bauxite, and manganese.
“Mr Speaker, we will build a 24-hour critical-minerals processing enclave in the Western Region,” he told Parliament on Thursday, November 12, in the 2027 budget statement reading.
Backed by a US$1.5 billion capital injection under Pillar 4 of the 2027 fiscal plan, the project is geared towards driving industrial growth within the mining sector while generating skilled jobs for Ghanaians.
To ensure seamless logistics for the hub, Dr Forson noted that construction on a dedicated rail network linking Takoradi to Nyinahin will commence in 2027. This railway line will be tasked with hauling bauxite and manganese directly from mining sites to the new enclave for processing.
By: Rainbowradioonline.com/Ghana
