Iron

The Minister of Lands and Natural Resources, Kwaku Asomah-Cheremeh has noticed that for quite a while Ghana has been perched on another mineral that can possibly sling the nearby economy yet it hasn’t been given a lot of consideration.

To advance and build up an incorporated iron and steel industry, Mr Adsomah-Cheremeh said the administration has through an Act of Parliament, (Act 988) in March, 2019 set up the Ghana Integrated Iron and Steel Development Corporation (GIISDEC).

Inside the following three years, GIISDEC is deliberately situated to create Sheini and Oppong-Manso Iron Ore store.

Speaking at a press conference in Accra on Wednesday October 21, he said “The Corporation since its establishment has achieved the following: Signed MOU with GEM GLOBAL to expand and develop the Oppong Manso iron ore deposit and its environment and to build an iron ore refinery. Reviewing existing geological data undertaken by Emmaland Resources in the Sheini Hills to confirm the state and economic viability of the iron ore deposit.”

“Reviewing existing geological data undertaken by GEM Global in the Oppong Manso exploration sites to confirm the state and economic viability of the iron ore deposit.

“GIISDEC has also partnered with Ghana Geological Survey Authority to evaluate and confirm the discovery of iron ore deposit in the following locations: Akpafu-Bowiri, Jasikan Bodad, Baglo Kute, KwameKrom, Kadjebi Akokrowa, Krachi-Nkwanta.

“Ladies and Gentlemen, to ensure harmony in the development of the Iron and Steel industry and the environment, GIISDEC has: Profiled all Key stakeholders in the Iron and Steel Industry, Commenced engagement with key traditional leaders, Commenced a comprehensive community engagement process with affected communities.

“Ladies and Gentlemen, GIISDEC has also initiated the engagement of investors interested in the iron and steel industry.”

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