RE: Future1 May 2026 12:47
“Thanks to the commitment of the Atlantic Lithium team over recent years, we are delighted to have secured parliamentary ratification of the Ewoyaa Mining Lease during the period, marking a defining milestone for the Project. The approval, alongside the introduction of the new Legislative Instrument for royalty rates for lithium projects in Ghana, provides the foundations for the Project’s development towards becoming the country’s first lithium mine.
“The ratification of the Mining Lease enables us to advance discussions with all our partners in the Project relating to Project funding and the establishment of an agreed pathway to Project FID, which will be led by the learnings of the work completed through H2 2025 to identify optimisations to the Project’s design and engineering. “Concurrently, we are taking steps to finalise a programme of activities centred on the socio-economic development of our local communities in the Central Region. Our local stakeholders have remained vocal in their support for the Project, throughout the permitting process and subsequently, and this programme reflects the step-up, post-ratification, of the
Company’s efforts towards delivering the long-term, sustainable benefits that the Project is expected to deliver for these communities. “We look forward to providing further updates in due course.”
Reading over that again it does feel like all parties including are looking for a timely resolution with optimisation helping them to guide project funding & FID. looking forward to H2 advancements & Longstate churn coming to an end.