Scaw Metals Group to construct plant in Ghana

South African steel products manufacturer, Scaw Metals Group, will construct a new grinding media plant in Tema, Ghana. This new plant seeks to significantly increase the company¹s grinding media capacity on the African continent. This move valued at more than $40m USD is done in partnership with a consortium comprising of Guma, a South African player as well as the Jospong Group of Companies, based in Ghana.

The plant, with an annual capacity of 50,000 metric tons, should become operational by 201.., and will offer significant job opportunities in the local community. The Scaw Metals Group is the largest producer of cast high chrome grinding media in the southern hemisphere and is the leading producer and supplier of high chrome and forged grinding balls primarily to the African platinum, copper and gold mining industries.

³We are delighted that we will be opening a plant in Ghana and this is outbound investment for a South African entity. The Ghanaian government has made a great push for the local construction industry to stimulate economic growth and provide job creation,² says Markus Hannemann, Chief Executive of the Scaw Metals Group.

The Scaw Metals Group already has a presence in Ghana. The company¹s Ghanaian operation was registered in 2011 as a regional sales office to service the West African Region. With offices in Tema, Scaw Ghana functions as a local point of contact for all of the Scaw Metals Group¹s products manufactured in South Africa that may be in demand in the region.

³From our experience in Ghana thus far, we are certain that we will be able to fully utilise the vast potential in the region. The skills development we will be providing for the employees of the plant will make sure that our plant will have world-class standards and have a significant knock-on effect in the local community,² says Hannemann.