Deputy Minister for Lands and Natural Resources in charge of Mines, George Mireku Duker, has urged all mining stakeholders and traditional authorities to actively support Atlantic Lithium Limited to ensure its sustainability in Ghana.
He emphasized that their backing would not only spur economic growth in the Central Region but also provide substantial benefits to the youth and the nation as a whole.
The Deputy Minister made these remarks during a working visit to Atlantic Lithium’s site in the Mankessim Municipality of the Central Region on July 30, 2024, accompanied by a delegation from the Ministry and the Minerals Commission.
Mr. Duker highlighted that the terms of Atlantic Lithium’s mining lease were exceptionally favorable and poised to bring prosperity to the country. He pointed out that the 13% state-carried interest in the company’s mining lease is among the best globally.
Furthermore, he noted that by increasing the royalty rate from the existing 5% to 10%, the operations of Atlantic Lithium would significantly benefit the country, setting a higher standard compared to other mining leases.
The Deputy Minister also lauded Atlantic Lithium for adhering to the local content policy, ensuring that a substantial portion of its managerial workforce comprises Ghanaians.
The delegation accompanying Mr. Duker included the Advisor of Mines to the Minister, the Technical Director of Mines at the Ministry, Mr. Peter Awuah, and other officials from the Ministry and the Minerals Commission.
During the visit, the General Manager of Atlantic Lithium, Mr. Ahmed Salim, briefed the team on the company’s operations. He also urged the government to expedite the ratification of the lease agreement by Parliament to enable the company to commence commercial operations next year.
The Deputy Minister’s team also visited the family of a recent accident victim at the mine, offering condolences and presenting some items. Mr. Duker assured the bereaved family of the government’s support and the company’s commitment to implementing robust safety measures to prevent future incidents.