Mytilineos Energy & Metals announced that it has received a license from the Ghana Integrated Aluminum Development Corporation (GIADEC) to explore and subsequently extract bauxite deposits in the Ninayhin – Mpasaaso region.
The area is expected to have around 300 million tons of bauxite and expects to reach an annual production capacity of 10 million tons of bauxite, equal to $500 million in turnover.
The global industrial and energy company also said it will launch a feasibility study for the construction of an alumina production, that it hopes will have an annual production capacity of 1.5 million tons.
Mytilineos is the only vertically integrated company producing bauxite, alumina and cast aluminum in the EU, according to the announcement. The company also highlights that bauxite is a strategic raw material that is crucial for the green transition.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
EIB Appoints Greece’s Ioannis Tsakiris as New VP
Ioannis Tsakiris started the new role May 1 after spending 15 years at the European Investment Fund (EIF) and serving as Greece’s Deputy Minister for Development and Investments
Two Greek Beaches in Top 50 in the World
Both Greek beaches were on the list of the best beaches in Europe too
Eurostat: Greece 20th out of 26 European States in Hourly Average Wage
According to figures released by Eurostat, the Benelux Grand Duchy of Luxembourg, one of Europe’s hubs for finance, is in first place
Greek Property Renovation Surge amid Economic Constraints
This has led to a notable escalation in renovation costs, with average prices per square meter exceeding previous norms and reaching even 1,000 euros in premium locations
RRF: Additional €5.1bln Funds for Subsidies to Greece in 2025
By April 22, funds totaling 5.75 billion euros had been transferred for approved projects of the Recovery Fund to entities within and outside the general government and final recipients
OECD: Greek Economy Resilient with 2% Growth Forecast for 2024
However, the OECD highlights challenges including the need to enhance productivity and fiscal adjustment due to high debt levels.
Challenges and Delays in Greece’s Hydrocarbon Exploration
Sources disclose that the petroleum companies holding the concessions are seeking partners to jointly invest and share the costs of exploration and drilling.
Greek Beach Visitors Can Report Violations on New ‘MyCoast’ App
Greek authorities hope the newly-launched, free ‘MyCoast’ app will help clamp down on public beach violations
BoG Figures Confirm Banner Year for Greek Tourism in 2023
20.6 billion euros in related revenues topped the previous year’s figure by 16.5%
Piraeus Bank to Propose First Dividend in 16 Years
Piraeus Bank has forecast profits of roughly 900 million euros this year, rising to one billion euros next year
![Τουρισμός: Η Αθήνα στις 10 ελκυστικές ευρωπαϊκές πόλεις για ξενοδοχειακές επενδύσεις – Πού υστερεί η Θεσσαλονίκη [πίνακας]](https://www.ot.gr/wp-content/uploads/2022/08/hotel-g0908c6995_1920-90x90.jpg)
![Τουρισμός: Πόσα ξόδεψαν και πόσο έμειναν οι ξένοι επισκέπτες το 2023 [πίνακες]](https://www.ot.gr/wp-content/uploads/2024/02/ot_tourist_santorini2-90x90.png)
![ΤτΕ: Το top10 των περιφερειών με τα περισσότερα τουριστικά έσοδα [πίνακες]](https://www.ot.gr/wp-content/uploads/2024/04/02tourismos10-1-90x90.jpg)
![Ακίνητα: Γιατί τα νότια προάστια «νικάνε» τα βόρεια [πίνακες]](https://www.ot.gr/wp-content/uploads/2024/03/12s1akinita-6-600x375.jpg)
