The Volta River
This
Report Was Written By. Prof. W.A. Lewis - September 1958
Cross-section
Of the Bauxite Mining Site - Red Indicates Bauxite Deposits
There Are Three Good Reasons for the Volta River Project. One is that the Gold Coast
has huge deposits of bauxite, the ore from which aluminum is extracted. Another
is that the flow of the Volta River offers a very large potential supply of cheap
hydro-electric power. These particular resources are not unique. Both cheap power
and bauxite exist elsewhere in the world. But the Gold Coast has them close together
- and that is the third good reason for the Volta River Project. Bauxite is red
earth. It does not change or deteriorate if left in the ground. But there it is
of no use whatsoever to the Gold Coast. It could be of some slight use if mined
and exported, giving returns in the form of employment and export duty. But by far
the greatest benefit for the people of this country could be obtained by processing
the bauxite into aluminum here in the Gold Coast Not only would one of the most valuable natural resources of the country be utilized, but the coming of a
great industry would bring a new life and a new outlook to thousands of people in the
Gold Coast. It would also enable the potential power of the Volta River to be utilized,
because the smelting of aluminum requires enormous amounts of electricity. The flow
of the Volta, if dammed and used to turn turbines in a power station, would generate
an immense amount of electricity -about one hundred times as much as the Electricity
Department now produces for the whole of the country. But although all that power
is there waiting to be used, the Gold Coast has a problem in finding a way to develop
it cheaply. To build a dam and power station would cost some £60 million. This would
have to be paid for by the sale of the power produced. The more power that can be
produced and sold, the cheaper the power will become. All the towns in the Gold
Coast now supplied by the Government, however, could consume only one-hundredth
part of the power available at Ajena. If the country wished to develop its power
regardless of expense, these consumers would have to bear the cost of all the rest
of the power, whether used or not. This would make the power not cheap, but very
expensive.
The Dam at Ajena Could Store Water for Hydro-Electric Power
The Dam at Ajena Could Store Water for Hydro-Electric Power Consequently, unless
the Gold Coast finds a new and very large consumer of electricity, the potential
power of the Volta cannot be developed for the benefit of the country, because the
cost can never be recovered from existing consumers. There is, fortunately, a new
and large consumer in sight: the proposed aluminum smelter. An aluminum industry
can consume all the power the Volta can produce. It is the Only industry in the
world, in fact, which can make the Volta power project an economic possibility.
Another vital economic factor is the cost of bringing the bauxite and power together.
True, the bauxite, which lies in the hills between Aya and Yenahin, is only about
200 miles from the place on the Volta which the power will be produced. Elsewhere
in the world the bauxite and power are thousands of miles apart This gives the Gold
Coast an advantage, provided that the cost of railway freight over the shorter distance
can compare favorably with the cost of the much longer journey by sea. It can now
clearly be seen that the economic production of aluminum is the heart of the Volta
River Project. That the bauxite and the power of the Volta can only be utilized
together, and not independently of each other. That although other vast works are
involved, and thousands of people will be affected who will have no direct connection with the industry, the entire scheme stand: or falls by whether aluminum made in
the Gold Coast can be sold competitively on the markets of the world.
The Smelter Could Get Hydro-Electric Power from Volta Power Station
This question of cost and price dominates every aspect of the project, and will
continue to do so throughout the life of the scheme. The Gold Coast's advantages of nature depend absolutely upon holding the price of power and transport to the
very minimum. It cannot be repeated too often that the Volta River Project will
work only if the combined cost of the rail transport for bauxite and the Volta hydro-electric
power is no higher than it is ill other countries.