Ghana Approves Green Minerals Policy to Develop Lithium Industry
- Policy seeks to ensure Ghana benefits from resource extraction
- Nation’s parliament expected to pass new document by year-end
Lithium ore.
Photographer: Carla Gottgens/BloombergThis article is for subscribers only.
Ghana approved a green-minerals policy to help manage the exploitation and production of lithium, a step toward tapping into the multibillion-dollar global industry.
The cabinet approved the policy document July 27, Lands and Natural Resources Minister Samuel Jinapor said in an interview. It’s expected to be passed by parliament before the end of the year, and will provide clear guidelines and a fiscal regime for mining so-called green minerals in a manner that ensures Ghana derives as much benefit as possible from its resources.