Ministry of Lands and Natural Resources refutes allegations of unauthorized lithium exploitation licences
In a swift response to media reports, the Ministry of Lands and Natural Resources has categorically denied claims that it granted licenses to private companies for the exploitation of the nation’s lithium resources, asserting that such allegations are entirely unfounded.
Issuing a statement on Wednesday, the Ministry vehemently refuted the reports, affirming that no firm has been granted any lease, license, or permit to mine and produce lithium in the country. The official declaration comes amid growing concerns surrounding the utilization of the valuable mineral and its potential implications on Ghana’s national interest.
While the Ministry acknowledged ongoing exploration activities aimed at assessing the viability of lithium reserves within the nation’s borders, it underscored that these ventures solely constitute preliminary evaluations. No licenses for full-scale commercial exploitation have been issued to date.
Addressing the broader issue of responsible resource management, the Ministry revealed that a comprehensive policy proposal encompassing the regulation, exploitation, and prudent management of Ghana’s green minerals, including lithium, has been submitted for review by the cabinet. The proposal reflects the government’s commitment to ensuring sustainable resource utilization while safeguarding the nation’s strategic interests.
As the proposal awaits scrutiny and evaluation by the cabinet, stakeholders are closely monitoring developments, recognizing the significance of green minerals in the global transition towards a low-carbon economy. The outcome of the policy assessment will undoubtedly play a pivotal role in shaping Ghana’s approach to the burgeoning lithium sector, while balancing socio-economic development with environmental preservation.
For the latest updates on Ghana’s lithium exploration and the government’s stance on green mineral governance, market participants and observers are advised to closely monitor official statements from the Ministry of Lands and Natural Resources.
Read details of statement below:
