The Parliament of Ghana has approved an agreement to enable large-scale mining of lithium in the country. The approval follows the adoption of a report from the Committee on Lands and Natural Resources.
The agreement involves the mining firm Atlantic Lithium Ltd., which holds the Ewoyaa Lithium Project. The project is a key part of Ghana's strategy to develop its mineral resources for the global transition to electric vehicles and renewable energy storage.
Government officials have stated the deal includes enhanced fiscal terms and provisions for local value addition compared to previous mining agreements. The approval is a significant step toward developing Ghana's first lithium mine, with the potential to position the country as a supplier of critical minerals.
