Atlantic Lithium says it is confident of getting mining lease in Ghana
Atlantic Lithium said on Monday the Africa-focused company was confident of getting a lease for a lithium mine in Ghana following the approval of a green minerals policy by the country’s government.
The company said the new policy included “changes to the mining royalty rate and the state’s carried interest in minerals projects” and that Atlantic Lithium was in talks with Ghana’s Minerals Commission.
In 2021, Piedmont Lithium invested $100 million in the company to secure spodumene, or high-purity lithium ore, from Atlantic Lithium’s mine in Ghana.
In March, short seller Blue Orca Capital alleged Atlantic Lithium obtained key Ghana mining licenses by making secret payments. The company had rejected the allegations.
(By Seher Dareen; Editing by Shounak Dasgupta)
More News
US stocks surge most in 5 years as Trump delays some tariffs
The S&P 500 Index surged more than 7% in afternoon trading.
April 09, 2025 | 11:14 am
Liontown kicks off production at Australia’s first underground lithium mine
Miner said the successful start of underground production stoping from the Mt Mann orebody is a "key milestone".
April 09, 2025 | 10:52 am
Chile mining minister expects short-term copper demand to slow due to tariffs
The country would hope for a competitive advantage at the low-end of tariff range, Mining Minister Aurora Williams said.
April 09, 2025 | 09:40 am
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments