VALCO plans to expand its capacity to kickstart its downstream value-addition chain.
The initiative, called the Continuous Cast Rod (CCR) project, is expected to support more than 25,000 direct and indirect jobs across manufacturing, logistics and allied services.
The project will also contribute approximately $1 billion (USD) to Ghana’s GDP (about 1%) through expanded aluminium-based industries.
This strategic shift positions VALCO not only as a producer of primary aluminium but as a driver of broader industrial development and economic transformation.
The project was highlighted after the new board of directors toured the company’s facilities.
According to the CEO, Dr Robert Makila Sambian, the company’s short-term strategy rests on four projects:
- Ramping up production to fully utilise two potlines (200 cells).
- Value addition, moving beyond exporting primary aluminium.
- Converting from residual fuel oil to natural gas to reduce costs.
- Installing scrubbers to capture and re-use fluoride, improving environmental sustainability.
Dr Sambian emphasised the importance of the board’s visit, noting that the tour demonstrates management’s commitment to transparency, accountability and strategic alignment.
