Ghana to commence lithium production December
The mining of lithium from Ewoyaa in the Central region by Atlantic Lithium is expected to begin in December this year.
This is according to the CEO of the Minerals Income Investment Fund (MIIF), Edward Nana Yaw Koranteng.
“They [Atlantic Lithium Limited] recently discovered lithium finds in the Central Region; is called the Ewoyaa project by Atlantic Lithium. This project should come on stream by December 2024, and be in the top 10 lithium finds in the world”.
“There are a number of opportunities in the newly discovered lithium space in Ghana. Feldspar is a by-product of lithium, feldspar is used to produce ceramics, and Ghana is a major exporter of ceramic products.”
“This provides good opportunities for investors not only in Ghana but also outside Ghana and the country is positioning itself to invest in the processing of lithium and support investors that will be setting up battery iron factories in the lithium space”, Mr Koranteng is reported to have told Oxford Business Economics Africa.
Ghana’s first lithium-producing mine was discovered by Atlantic Lithium Limited which in July 2023 confirmed the project’s economic viability and profitability potential for the production of 3.6 metric tonnes of spodumene concentrate over a 12-year Life of Mine.
The Ewoyaa lithium project is estimated to hold 25.6 million tonnes (mt) of probable ore grading 1.22% lithium oxide (Li₂O), as of June 2023.
