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Atlantic Lithium Advances Ghana’s First Lithium Mine Amid Market Challenges

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Atlantic Lithium Advances Ghana’s First Lithium Mine Amid Market Challenges

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Atlantic Lithium ( (GB:ALL) ) has shared an update.

At its Annual General Meeting, Atlantic Lithium announced progress in its efforts to deliver shareholder value and benefits for partners in Ghana, despite challenges such as delays in the Ewoyaa Mining Lease ratification and lithium market volatility. The company has secured funding arrangements to strengthen its financial position and is working with the Ghanaian government to align fiscal terms with current market conditions. Exploration in Côte d’Ivoire has shown promising results, and the company remains optimistic about the strategic importance of its projects amid robust lithium demand driven by electric vehicle growth.

More about Atlantic Lithium

Atlantic Lithium is a publicly listed company on AIM, ASX, and GSE, focused on lithium exploration and development. The company is advancing its flagship Ewoyaa Lithium Project in Ghana, aiming to establish the country’s first lithium-producing mine. With a portfolio of lithium projects in Ghana and Côte d’Ivoire, Atlantic Lithium is working under an earn-in agreement with Elevra Lithium Inc. to develop its projects.

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