Atlantic Lithium Secures Key Permits for Ewoyaa Project in Ghana

Atlantic Lithium

Ghana's First Lithium Mine Moves Toward Construction After Regulatory Green Light

Atlantic Lithium has received all major permits to begin construction on its flagship Ewoyaa Lithium Project in Ghana, marking a significant step forward in West Africa's emerging lithium market. The company secured mine operating, land use, environmental, and water use permits, enabling site development to proceed.

Ewoyaa to Deliver 365,000t/yr Spodumene Concentrate Over 12 Years

The Ewoyaa project, located near the Ghanaian coast, is designed to produce 365,000 metric tonnes per year of spodumene concentrate over a 12-year mine life. The project is expected to operate at a competitive all-in sustaining cost of $675/t and a C1 cash cost of $377/t (FOB Ghana Port).

The project is a joint venture, with US-based Piedmont Lithium holding a 22.5% stake. Piedmont, which plans to merge with Sayona Mining in H1 2025, has secured an offtake agreement for 50% of Ewoyaa’s annual production at market prices, spanning the full life of the mine.

Strategic Positioning for the Global Battery Market

Ewoyaa’s proximity to port infrastructure enhances its competitiveness and underscores Ghana’s potential to become a key player in the global lithium supply chain. The project’s development aligns with growing demand for spodumene concentrate from battery and EV manufacturers, particularly as Western markets seek diversified and ethically sourced critical minerals.