The Executive Chairman of the McDan Group of Companies, Dr Daniel McKorley, has underscored the significance of leveraging natural resources to drive industrialisation across key African economies.
He said this during his address as the special guest of honour at the world's largest salt conference in India.
Sharing insights into his salt mining venture, Electrochem, situated in Ada-Songor, Dr McKorley highlighted the lucrative opportunity salt mining presents for Africa and beyond.
He emphasised its potential to generate revenue and bolster export channels.
He advocated for the establishment of a global consortium comprising salt producers, distributors, and pharmaceutical firms to facilitate knowledge exchange, optimize supply chains, and mitigate potential shortages.
Furthermore, Dr. McKorley emphasized the indispensable role of salt in various industries, particularly in pharmaceuticals, stressing the importance of ensuring a stable supply of pharmaceutical-grade sodium chloride.
He urged industry stakeholders to embrace technological advancements to drive innovation in salt harvesting, proposing the exploration of automated mining, drone technology, and advanced purification methods to enhance efficiency and productivity while minimising environmental impact.
In conclusion, Dr McKorley called for sustainable transportation solutions to facilitate the seamless movement of goods and people, contributing to meeting demand efficiently and cost-effectively while prioritizing environmental sustainability and expanding market opportunities.
He also advocated for increased support for research and development initiatives to enhance the efficiency and scalability of solar salt production methods.
Latest Stories
-
Akufo-Addo leads nationwide commissioning of 80 educational projects
3 mins -
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
34 mins -
National Elections Security Taskforce meets political party heads ahead of December elections
38 mins -
Samsung’s AI-powered innovations honored by Consumer Technology Association
57 mins -
Fugitive Zambian MP arrested in Zimbabwe – minister
1 hour -
Town council in Canada at standstill over refusal to take King’s oath
1 hour -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
2 hours -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
2 hours -
Thousands of PayPal customers report brief outage
2 hours -
Gary Gensler to leave role as SEC chairman
2 hours -
Contraceptive pills recalled in South Africa after mix-up
2 hours -
Patient sues Algerian author over claims he used her in novel
3 hours -
Kenya’s president cancels major deals with Adani Group
3 hours -
COP29: Africa urged to invest in youth to lead fight against climate change
3 hours -
How Kenya’s evangelical president has fallen out with churches
3 hours