{"id":108128,"date":"2025-12-23T05:16:00","date_gmt":"2025-12-23T05:16:00","guid":{"rendered":"https:\/\/sotnews.agency\/?p=108128"},"modified":"2025-12-23T05:16:00","modified_gmt":"2025-12-23T05:16:00","slug":"atlantic-lithium-submits-revised-mining-lease-to-parliament","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=108128","title":{"rendered":"Atlantic Lithium submits revised mining lease to Parliament"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 53 Second <\/div>\n\n <\/div>
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Atlantic Lithium Limited, the Africa-focused lithium exploration and development company, has submitted a revised Mining Lease for its flagship Ewoyaa Lithium Project to Parliament. <\/p>\n

The lease has now been referred to the Parliamentary Select Committee for review, marking a key milestone in the project\u2019s journey toward ratification.<\/p>\n

Lithium, a critical mineral used in electric vehicle batteries and renewable energy storage, is increasingly seen as a strategic resource for Ghana\u2019s industrialisation ambitions. <\/p>\n

The Ewoyaa Project, located in the Western Region, has been closely watched by investors and policymakers alike as the country seeks to diversify its mining sector beyond gold.<\/p>\n

The revised Mining Lease incorporates fiscal terms following consultations led by the Minister of Lands and Natural Resources with relevant stakeholders, aligning the project\u2019s royalty rate and Growth and Sustainability Levy with current legislated rates in Ghana. <\/p>\n

These adjustments reflect Ghana\u2019s mining code and are intended to ensure both investor confidence and equitable returns for the state.<\/p>\n

The Minister has also submitted a new Legislative Instrument, the Minerals and Mining (Royalty) Regulations, 2025, to Parliament, outlining a sliding scale of royalty rates for lithium projects depending on spodumene prices. <\/p>\n

Under the proposed framework:<\/p>\n