Thrills @ Amakye Dede @ 45 Concert :: UTV Hosts Celebrities On New Year’s Day :: 2 past BoG Governors responsible for ‘rotten’ banking system – Joe Jackson :: Togolese Soldiers Intrusion Reported To Interpol :: GES announces reopening dates for Senior High Schools :: Socialists again call for action to ‘stop expats displacing Amsterdammers’ :: Kofi Annan''s Death; Ghana Flags To Fly At Half-Mast For One Week :: Let’s spend on the living not the dead – Palmer-Buckle to Ghanaians :: Heart failure could heighten the risk of developing cancer: Dutch research :: Six bribery ''headquarters'' in Ghana ::





General News
Valco shutdown bolster aluminium prices 3/16/2007
Aluminium moved to $2,767 from $2,715 due to the loss of output from Ghana, which traders believe would help buoy aluminium prices.
Ghana''s Valco aluminium smelter said on Thursday it will shut down indefinitely from Friday due to chronic power shortages in the West African country.

The 200,000-tonne-a-year smelter is jointly owned by Ghana''s government and U.S.-based aluminium giant Alcoa Inc.. It is currently operating at 30 percent of its capacity.

Alcoa shares jumped 2.5 percent to $34.15 on the day after the smelter it jointly owned with the government of Ghana was closed indefinitely


Source:
GHP


 
Copyright© Radio Recogin 2019 Designed by [ModernGhana.com