President Nana Addo Dankwa Akufo-Addo on Wednesday, 30th August 2023, commissioned the Electrochem Salt Mine in Ada.
Speaking at the ceremony, he said for some 54 years, successive Governments have tried, without success, to harness the full value of the Songhor Lagoon but was glad that under his government, the Songhor Lagoon is being brought into full production for the benefit of residents of Ada and citizens of the entire nation.
He applauded Mr. Daniel McKorley, the owner of Electrochem for his determination and perseverance to mine salt in the Songhor Lagoon.
With its current ability to produce some six hundred and fifty thousand metric tons (650,000 MT) of salt per annum, and expanding its productive capacity to one million metric tons in 2024, and to two million metric tons by 2027, the Electrochem Salt Mine will be the biggest salt producing facility in Africa.
As a value-addition advocate, Nana Akufo-Addo expressed delight that Electrochem is in the process of constructing a salt refinery, in addition to a Port not too far away for the purpose of exporting refined salt products to the wider African market.
With Accra serving as the headquarters of the Secretariat of the African Continental Free Trade Area, he said he is confident that the expected revenues of some one billion dollars ($1 billion) to the company will be surpassed.