President John Dramani Mahama has announced plans for Ghana to phase out the export of unprocessed mineral ores by 2030 as part of efforts to promote local mineral processing, strengthen industrialisation and increase the economic benefits derived from the country’s natural resources.
Speaking at the Mining in Motion Conference on Monday, October 19, 2026, President Mahama said the government would introduce a gradual ban on raw mineral exports, covering resources such as bauxite, manganese, iron ore and lithium.
The policy is aimed at encouraging domestic processing and adding value to Ghana’s mineral resources before they are exported to international markets. It is also expected to support local industries, attract investment in mineral processing facilities and create employment opportunities.
President Mahama explained that the proposed policy would be backed by appropriate legislation, mineral-specific requirements and clearly defined implementation timelines to ensure an orderly transition.
The government’s plan forms part of broader efforts to transform Ghana’s mining industry from a raw-material export model into a value-added production system that generates greater revenue and supports long-term economic development.
By promoting local mineral refining and processing, Ghana hopes to retain a larger share of the value generated from its natural resources while strengthening the country’s industrial base.
Source: newsthemegh.com