Atlantic Lithium has received crucial regulatory approval from Ghana’s Minerals Commission for its Ewoyaa Lithium Project, marking a significant step forward as the company prepares for the construction phase of its flagship venture.
In a press release dated October 8, 2024, the lithium exploration firm announced that, aside from the pending parliamentary ratification of the Ewoyaa Mining Lease—which has encountered delays in Ghana’s Parliament—the permit represents the final regulatory requirement before the development of the lithium mine and processing facility in the Central Region can commence.
Neil Herbert, executive chairman of Atlantic Lithium, called the permit “a critical milestone in the permitting process.” He emphasized that the company is now awaiting parliamentary approval for the Ewoyaa Mining Lease, which is anticipated to be reviewed when Parliament reconvenes on October 15.
The mine operating permit granted by Ghana’s Minerals Commission serves as the last regulatory hurdle before construction can begin on the lithium mine and processing plant. This ratification is essential for finalizing the investment decision and moving forward with construction.
Atlantic Lithium aims to position the Ewoyaa Project as a cornerstone of Ghana’s emerging lithium industry, which has the potential to establish the country as a key supplier in the global electric vehicle and renewable energy supply chains.
“We hope that ratification can occur in the upcoming session,” Mr. Herbert stated, reflecting the company’s eagerness to initiate construction.
The Ewoyaa Lithium Project is set to become Ghana’s first lithium mine at a time when global demand for lithium is rapidly increasing due to its vital role in battery technology. With production on the horizon, the project’s development is expected to attract significant attention from investors and industry stakeholders.
