Valco to restart melter operations

By GBC NEWS - GBC News
Business/Finance | Thu, 05 Nov 2009
    
Click for Full Image Size
“Fight for what you want. Fight for what you believe in. Fight for what you stand for.” - By: Kevin Abdulrahman
More Quotes | Submit a Quote
Advertize Here for $8 a day to reach over 30,000 people
Ghana Tourist Villas Offers an unforgettable holiday and business experience in Accra.
Valco will restart its melter facilities in the first quarter of next year due to improved energy out-look and favourable metal price.  The melter facility was shut down in January this year as a result of inadequate supply of electric power and the effect of the global economic meltdown.   

The Minister for Trade and Industry, Hannah Tetteh announced this in parliament today following a question by the MP for Ashaiman, Alfred Agbesi on why Valco was closed down. 

Source: GBC NEWS - GBC News

 Comments To This Article

No comments have so far been submitted. Why not be the first to send us your thoughts?Add your comment

 

GSE All Share Index

Previous (23/12/2009) 5436.79
Current (24/12/2009) 5438.00
       1.2
Change Year to Date
(Jan 01, 2009 - Dec 22 2009)
-47.87

Inter Bank Rates

Currency Buying(¢) Selling(¢)
Australian Dollar 1.2479 1.2655
CFA 318.6500 322.9000
Canadian Dollar 1.3511 1.3686
Danish Kroner 0.2730 0.2766
WAUA 0.4945 0.4807
Euro 2.0315 2.0585
Dalasi 20.3000 20.5700
Yen 0.0156 0.0158
Naira 113.8000 115.3100
Rand 0.1848 0.1871
S. Kroner 0.1942 0.1965
US Dollar 1.4253 1.4442
Pound Sterling 2.2730 2.3039
Swiss Franc 1.3588 1.3769

All trademarks and copyrights on this page are owned by their respective owners. 2001-2009, © Copyright ModernGhana.com