African Mining June 2026 | Página 14

• PROJECTS AND EXPLORATION
This has been delivered thanks to the considerable workstreams that have been advanced simultaneously by our team, largely out of the public eye, over the last two years,” he added.
He said the company intends to provide clarity on the outcomes of the work it has completed through H2 2025 to enhance the viability of the project through ongoing commodity price volatility. •
Source: supplied by Atlantic Lithium Limited
About: 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 parliament of Ghana ratified the mining lease in respect of the project in March 2026. The project was granted an Environmental Protection Authority Permit in September 2024 and a Mine Operating Permit in October 2024.
The company published a Definitive Feasibility Study with respect to the project in July 2023. The project is being developed under an earn-in agreement with Elevra Lithium Limited. Atlantic Lithium holds a portfolio of lithium projects within 509km 2 and 771km 2 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.
The revised terms are intended to ensure that the project generates returns to shareholders, while maximising socio-economic value for Ghana and Ghanaians, particularly the residents of the project ' s catchment area communities in the central region, in the context of the prevailing lithium market conditions.
12 • African Mining • June 2026 www. africanmining. co. za