Ghana to build 1,450MW state-owned thermal power plant, 600MW solar facility – Ato Forson

Ghana has announced plans to establish a round-the-clock critical minerals processing facility in the Western Region, with the goal of increasing local value addition and decreasing the export of raw minerals. Finance Minister Dr. Cassiel Ato Forson revealed this during his presentation of the 2027 budget statement in Parliament on November 12th. The new facility will focus on processing minerals such as manganese, bauxite, lithium, and gold locally.

This initiative is part of a $1.5 billion investment allocated under Pillar 4 of the 2027 budget, which aims to establish an industrial mineral economy and generate skilled employment opportunities. Dr. Forson announced the construction of the 24-hour processing enclave during his budget statement on Thursday. The project will be supported by a proposed railway line from Takoradi to Nyinahin, which will commence operations in 2027. This railway will be used to transport manganese and bauxite to the processing facility.