Atlantic Lithium halts operations at Ewoyaa project following fatal accident
Atlantic Lithium has suspended activities at its Ewoyaa lithium project in Ghana due to a fatal accident that occurred earlier this week.
The Australian company announced that it has informed authorities and an investigation is underway to determine the circumstances surrounding the incident.
The Ewoyaa project, which received a 15-year permit in October last year, is poised to become Ghana’s first lithium operation.
The project is expected to produce a total of 3.6 million tonnes of spodumene concentrate, or 350,000 tonnes annually, over a span of 12 years.
This output would position Ewoyaa as the world’s 10th-largest lithium project, according to Atlantic Lithium.
Half of the lithium produced at Ewoyaa will be supplied to a refinery owned by US-based Piedmont Lithium, Atlantic’s second-largest shareholder, which has committed to funding most of the mine’s construction.
Atlantic Lithium currently has a market capitalization of £123 million ($156 million).
