Ghana Gives 15-Year Lithium Mining License to Atlantic Lithium

  • Country aims to play key role in multibillion-dollar industry
  • Company to produce about 300,0000 tons of the metal annually
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Ghana has granted a lithium mining license to Atlantic Lithium Ltd. as the West African nation positions itself to tap into the multibillion-dollar global industry.

The 15-year lease to Barari DV Ghana Ltd., a unit of the Sydney-based company, enables it to start constructing a lithium mine at a 42.6-kilometer site at Ewoyaa in the country’s Central Region, the Ministry of Lands and Natural Resources said in a statement on its website. It comes after almost six years of exploration that has discovered high-grade lithium in commercial quantities, it said.