Honorary Consul General of Greece in Ghana, Marianna Gavriel has called on Wednesday 19, February 2025 paid a courtesy call on the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah to discuss Greek mining investments in Ghana, particularly the Metlen Energy & Metals Company.
According to her, Metlen Energy, a Greek Company is eager to partner with government to continue its mining activities after securing a prospective mining license from GIADEC for the exploration and subsequent extraction of bauxite deposit at the Ninayhin-Mpasaaso area of the Ashanti Region.
Madam Gavriel asserted the commitment of the company to ensuring diverse supply sources globally and strengthening its position throughout the entire value chain of the aluminium industry whiles aiming to construct railway line to transport bauxite from the mine to the port of Takoradi.
The minister, Emmanuel Armah-Kofi Buah said Ghana is open for to business opportunities in the mining sector and other areas of national interest.
He welcomed a proposal for the constrction of a railway line by the company emphasising its importance for efficiently transporting heavy equipments and raw minerals while sustaining Ghana’s road network and enhance mining activities.
He also highlighted the need to broaden the mining sector’s investment scope due to increased industrialisation.
The Minister assured the Greece Consul General of Ghanaian government’s determination to fast track and make things happen, stressing that ” our polices are also geared towards attracting investments”, he concluded.
Metlen Energy & Metals Company upon full operation, is estimated to possess geological reserves of approximately 300 million tons of bauxite and is anticipated to yield around 10 million tons of bauxite annually, equivalent to an estimated annual turnover of $500 million at current market prices.
