Minerals Commission refutes claims of Ministerial approval for acquisition stake in Ewoyaa Lithium project by Atlantic Lithium
The Minerals Commission has refuted claims of contract approvals, transactions, or stakes endorsed by the Minister of Lands and Natural Resources in relation to the Ewoyaa Lithium project.
Recent reports suggesting Atlantic Lithium Company’s acquisition of a stake in the Ewoyaa Lithium Project within Ghana has triggered the stern official response and rejection of such claims.
Clarifying the matter, the Commission elucidated that the Cabinet’s endorsement of a fresh policy framework on July 27, 2023, serves as the cornerstone for regulating the exploration, administration, and oversight of green minerals, prominently lithium, across the nation.
The underlying rationale of this policy pivot is to ensure equitable dividends from the extraction of green minerals, including lithium, for the rightful proprietors—the people of Ghana.
The Minerals Commission reiterates its statutory role in tendering recommendations to the Minister of Lands and Natural Resources regarding the issuance of mineral rights, encompassing mining leases. Significantly, the Commission underscores its abstention from providing any such recommendation in the present context.
Furthermore, the statement delineates that ongoing deliberations are in progress with Atlantic Lithium Limited pertaining to the advancement of Ewoyaa Lithium deposits nestled in the Central region’s Mfantseman Municipality. However, it’s explicitly clarified that a mining license has not been accorded to the company at this juncture.
The statement concludes by underscoring the factual status quo, indicating that Atlantic Lithium Limited currently retains a prospecting license under the aegis of its local subsidiary, Barari Development Ghana Limited.
