On August 4, 2004, Alcoa and the Government of the Republic of Ghana announced that they had finalized agreements to restart the VALCO smelter in Tema. The plan, which included the restart of 3 potlines, representing 120,000 metric tons per year (mtpy), was to be implemented in the first quarter of 2006.].
On August 4, 2004, Alcoa and the Government of Ghana reached an agreement to revive the VALCO smelter in Tema. The plan involved restarting three potlines that would produce 120,000 metric tons per year, with the implementation scheduled for the first half of 2006.