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Ghana scrapped a major bauxite deal to seek international partnerships for its vast reserves.
Ghana canceled a $1.2 billion bauxite deal with local company Rocksure International to pursue international partnerships for developing its significant bauxite reserves.
The government terminated the lease over the mineral-rich Nyinahin Hills, which contain about 376 million tons of bauxite.
Ghana, home to the world's seventh-largest bauxite reserves, is now considering deals with overseas investors like Dubai's Emirates Global Aluminium and Chinese firms.
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Ghana abandonó un importante acuerdo de bauxita para buscar asociaciones internacionales para sus vastas reservas.