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NewsAtlantic Lithium to channel 1% of mining revenue to develop Mfantseman communities

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Atlantic Lithium to channel 1% of mining revenue to develop Mfantseman communities

Atlantic Lithium, an exploration and development company, has committed to allocating one percent of its mining revenue to support the development of the communities in Mfantseman.

Mr. Aaron Monver, the Head of Operations at Atlantic Lithium, emphasized the company’s dedication to the well-being of its working environment, highlighting the importance of assisting local communities in improving their livelihoods.

To achieve this goal, the company plans to establish a community development fund to finance development projects in the area.

Mr. Monver made these remarks in the ‘scoping report and draft terms of the reference’ for the proposed Ewoyaa lithium mining and processing project by Barari DV Ghana Limited in Ewoyaa, Central Region.

The meeting, facilitated by the Environmental Protection Agency (EPA), aimed to allow Atlantic Lithium to engage with the communities on lithium mining as part of the environmental process to obtain operational permits. It also sought to gather views, feedback, and recommendations from the local communities on the proposed project to build consensus.

Mr. Monver encouraged the communities to embrace the new opportunities created by the project, emphasizing Ghana’s commitment to local participation and content.

Atlantic Lithium, he stated, is committed to responsible mining practices that benefit local communities and the country as a whole. He called on stakeholders to work together to support the project in achieving its objectives.

The demand for lithium is expected to rise significantly with the increasing adoption of electric vehicles to meet global climate change goals.

Ghana has granted a lithium mining license to Atlantic Lithium Limited, enabling the Sydney-based company to construct a lithium mine at a 42.6-kilometer site in Ewoyaa, Central Region, over a 15-year period. This follows nearly six years of exploration that has identified high-grade lithium deposits in commercial quantities, pending environmental permits from the EPA and Minerals Commission to commence full-scale mining.

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