Atlantic awaits Parliamentary ratification of Ewoyaa mining lease
Australia-based Atlantic Lithium said on Wednesday that the mining lease for its flagship Ewoyaa lithium project, in Ghana, had been submitted to Parliament for consideration and ratification.
The lease has been referred to the select committee on lands, forestry and mines, which will review the terms and make a recommendation to Parliament for or against ratification.
The mining lease, initially granted in October 2023, gives Atlantic Lithium the exclusive right to carry out mining and commercial production at Ewoyaa for 15 years, renewable under Ghanaian law.
With all regulatory approvals now in place, Parliamentary ratification represents the final step in the project’s permitting process. Once approved, the company will be able to advance funding and offtake arrangements for Ghana’s first lithium mine.
The current Parliamentary session began on October 21, and Atlantic Lithium said it remained confident that ratification would proceed in line with due process.
“We are pleased to note that the Ewoyaa mining lease has been put to Parliament for consideration in the current Parliamentary sitting,” said CEO Keith Muller. “We hope that ratification can swiftly follow, which will serve as a key catalyst for the financing and development of the project.”
The Ewoyaa project forms part of Ghana’s emerging lithium sector and is positioned to become the country’s first producing lithium mine, supplying spodumene concentrate to global battery markets.
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