Atlantic Lithium has secured a mine operating permit for its Ewoyaa Lithium Project in Ghana, marking a crucial regulatory milestone before the start of construction. Issued by the Minerals Commission of Ghana, this permit brings the company closer to establishing Ghana’s first lithium mine.
The permit is a significant achievement, moving Atlantic Lithium closer to making the Ewoyaa Lithium Mine and processing plant operational. It also positions the company for a final investment decision as it advances the project.
The next step for the project is the ratification of the Ewoyaa Mining Lease by Ghana’s parliament. This approval will allow Atlantic Lithium to begin construction of the Ewoyaa Lithium Mine and processing plant.
Atlantic Lithium’s executive chairman, Neil Herbert, commented, “The issuance of the Mine Operating Permit represents the final regulatory approval needed before construction can begin.
We now await parliamentary ratification, which we hope will occur in the next session, expected to resume on the 15th of this month. This would pave the way for the construction and operation of this globally significant lithium project.”
The Ewoyaa project is set to produce spodumene concentrate, a key material for the production of electric vehicle batteries.
In addition to this milestone, Atlantic Lithium secured an exploration license in November 2023 for the Cape Coast project, which is near the company’s Mankessim exploration asset that hosts the Ewoyaa lithium project and is adjacent to the Saltpond license.
The Ewoyaa project is estimated to hold 14.5 million tonnes of lithium ore at 1.31% lithium oxide.
