Volta Aluminum Company

Volta Aluminum Company

Volta Aluminum Company, known as Valco, is an aluminium company based in Ghana. Valco is an affiliate of Alcoa, the major aluminum conglomerate based in the United States.

Operations

Valco smelts alumina to produce aluminium ingots at its smelter at Tema. Locally, a major Ghanaian customer of Valco is Aluworks.

In May 2003 Valco closed completely due to problems in negotiating a supply of electricity. It reopened in early 2006. [http://www.gcsinvestments.com/downloads/companyreports/ALW%20REPORT%202006.pdf] [http://www.alcoa.com/ghana/en/news/releases/ghana_valcosmelter.asp]

In June 2008 Alcoa sold its 10% stake in Valco to the government of Ghana. [http://www.marketwatch.com/news/story/dj-alcoa-sold-10-stake/story.aspx?guid={17BFD844-9A19-4107-B239-DC90AAEC9291]

ee also

*Aluminum in Africa

External links

* [http://www.alcoa.com/ghana/en/home.asp Volta Aluminum at Alcoa website]


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