⌘K
t
On 11 December 2025, Atlantic Lithium Limited announced that the Parliament of Ghana temporarily withdrew the Mining Lease for its Ewoyaa Lithium Project from consideration. This action was taken to allow for further consultation regarding Ghana's current mining code and the application of royalties.
| Date | 11 Dec 2025 |
| Time | 07:00:07 |
| Category | Corporate updates |
| ID | 1087L |
11 December 2025
Update re the Ewoyaa Mining Lease
Atlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, "Atlantic Lithium" or the "Company"), the Africa-focused lithium exploration and development company targeting the delivery of Ghana's first lithium mine, provides the following update regarding the status of the Mining Lease in respect of its flagship Ewoyaa Lithium Project ("Ewoyaa" or the "Project") in Ghana.
The Company notes that the Parliament of Ghana has temporarily withdrawn the Mining Lease from consideration to allow for further consultation in respect of Ghana's current mining code and the application of royalties.
As the country's most advanced lithium project, we remain in discussion with the Government regarding the best way forward to deliver upon Ghana's critical minerals objectives.
The Company remains dedicated to securing terms for the Mining Lease that generate value for shareholders and its host communities and supports the Government's commitment to securing a path towards delivering long-term benefits for Ghana through its mineral production.
The Company remains confident that ratification of the Mining Lease will be forthcoming in accordance with due parliamentary process and is supporting the process where possible.
Further updates will be provided to shareholders as and when appropriate.
Authorised for release by Amanda Harsas, Finance Director and Company Secretary, Atlantic Lithium Limited.
For any further information, please contact:
Atlantic Lithium Limited
Keith Muller (Chief Executive Officer)
Amanda Harsas (Finance Director and Company Secretary)
|
|
www.atlanticlithium.com.au |
|||
|
|
IR@atlanticlithium.com.au |
|||
|
|
Tel: +61 2 8072 0640
|
|||
|
SP Angel Corporate Finance LLP Nominated Adviser Jeff Keating Charlie Bouverat Tel: +44 (0)20 3470 0470 |
Yellow Jersey PR Limited Charles Goodwin Bessie Elliot Tel: +44 (0)20 3004 9512
|
Canaccord Genuity Limited Financial Adviser: Raj Khatri (UK) / Duncan St John, Christian Calabrese (Australia)
Corporate Broking: James Asensio Tel: +44 (0) 20 7523 4500 |
|
|
Notes to Editors:
About Atlantic Lithium
Atlantic Lithium is an AIM, ASX and GSE-listed lithium company advancing its flagship project, the Ewoyaa Lithium Project, a lithium spodumene pegmatite discovery in Ghana, through to production to become the country's first lithium-producing mine.
The Company published a Definitive Feasibility Study in respect of the Project in July 2023. The Project was awarded a Mining Lease in October 2023, an Environmental Protection Authority ("EPA") Permit in September 2024, and a Mine Operating Permit in October 2024 and is being developed under an earn-in agreement with Elevra Lithium Limited.
Atlantic Lithium holds a portfolio of lithium projects within 509km2 and 771km2 of granted and under-application tenure across Ghana and Côte d'Ivoire respectively, which, in addition to the Project, comprises significantly under-explored, highly prospective licences.
