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Atlantic Lithium’s Ewoyaa Project Faces Temporary Lease Withdrawal

Story Highlights
  • Atlantic Lithium’s Ewoyaa Project lease is temporarily withdrawn for further consultation.
  • The company remains confident in securing favorable lease terms for long-term benefits.
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Atlantic Lithium’s Ewoyaa Project Faces Temporary Lease Withdrawal

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The latest announcement is out from Atlantic Lithium ( (GB:ALL) ).

Atlantic Lithium announced that the Ghanaian Parliament has temporarily withdrawn the Mining Lease for its Ewoyaa Lithium Project to allow for further consultation on the country’s mining code and royalties. Despite this delay, Atlantic Lithium remains in discussions with the government to secure favorable terms for the lease, emphasizing its commitment to delivering long-term benefits for Ghana and its stakeholders. The company is confident that the lease ratification will proceed through the parliamentary process and will keep shareholders updated.

More about Atlantic Lithium

Atlantic Lithium is a publicly listed company on AIM, ASX, and GSE, focusing on lithium exploration and development. It is advancing the Ewoyaa Lithium Project in Ghana, aiming to establish the country’s first lithium-producing mine. The company holds a portfolio of lithium projects across Ghana and Côte d’Ivoire, with significant exploration potential.

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