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Gov’t Has Not Approved Any Deal in Lithium Exploitation- Minerals Commission

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The Minister of Lands and Natural Resources has not approved any contract, transaction, deal, or stake for any person, company, or entity in respect of the Ewoyaa Lithium project, the Minerals Commission has stated.

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Additionally, the Commission says that it is by law mandated to make recommendations to the Minister for the grant of mineral rights including a mining lease. 

“The Commission has not made any such recommendation for the grant of a mining lease to the Minister for the development of the lithium deposits at Ewoyaa. At this stage, Atlantic Lithium Limited still holds a prospecting licence in the name of its local subsidiary Barari Development Ghana Limited,” stated the Commission yesterday in a statement signed Martin Kwaku Ayisi, Chief Executive Officer.

The Commission reminded the media and the public of the commitment of the Government to ensure that that the country reaps optimum benefits from the exploitation of lithium and other green minerals.

This was contained in a press statement titled ‘Re: Piedmont Commits to Funding Atlantic Lithium’s Ghana Project’.

The Minerals Commission stated that its attention has been drawn to a news release by Piedmont Lithium in respect of the company’s acquisition of a stake in the Ewoyaa Lithium Project in Ghana.

The Commission however informed the public that Cabinet on 27th July 2023 approved a new policy framework for the exploitation, management and regulation of lithium and other green minerals in Ghana. The overarching goal of the new framework is anchored on the principle that the exploitation of green minerals including lithium must benefit Ghanaians who are the true owners of the mineral resources. 

“In this regard, negotiations are ongoing with Atlantic Lithium Limited on the development of the Ewoyaa Lithium deposits in the Mfantseman Municipality of the Central Region,” stating that at this stage, the company has only a prospecting license. 

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