Atlantic Lithium, a company focused on lithium exploration and development in Africa, has received approval from the Ghana Stock Exchange’s (GSE) listing committee and Ghana’s Securities and Exchange Commission to list its ordinary shares on the main market of the GSE.
The Aim- and ASX-listed company views this listing as a significant milestone, reflecting Ghana’s proactive stance in establishing a pathway for long-term lithium supply to support the global transition to electrification and address climate change objectives.
Atlantic Lithium is progressing its flagship Ewoyaa lithium project, located in Ghana’s central region, towards production as the country’s first lithium mine. The project aims to produce 365,000 tons per year of spodumene concentrate once operational.
Neil Herbert, Chairman of Atlantic Lithium, emphasizes the importance of the GSE listing in Ghana’s mining history and its potential to enhance local participation and stakeholder alignment with the company’s long-term success.
He notes, “By offering Atlantic shares on the GSE, we aim to maximize local participation in the project and more closely align our Ghanaian stakeholders with the long-term success of the company.
Additionally, we provide an opportunity for Ghanaian investors to contribute to and share ownership in the advancement of Ghana’s first lithium mine and its emerging green minerals industry.”
Herbert anticipates significant progress in the development of the Ewoyaa project in the coming months, including the completion of major milestones such as finalizing competitive offtake partnerships, securing parliamentary ratification of the mining lease, and obtaining the necessary permits for mine construction.
The listing on the GSE marks an exciting chapter for Atlantic Lithium and underscores its commitment to sustainable mining practices and local economic development in Ghana.