Accra, Ghana - In a landmark move for the West African nation, Atlantic Lithium has been approved to list its shares on the Ghana Stock Exchange (GSE), making it the country's first lithium producer to take this step. This decision, as Neil Herbert, Atlantic Lithium's Executive Chairman, proclaims, "represents a new chapter in the country's esteemed mining history."

Ghana, with its sights set on becoming a key player in the global electric vehicle (EV) revolution, is betting big on Atlantic Lithium's Ewoyaa Lithium Project. The project, expected to reach production in 2026, boasts a projected output of 365,000 tonnes of spodumene concentrate per year, positioning it as a major global supplier of this critical battery metal.

The listing on the GSE is a strategic move for both Atlantic Lithium and Ghana. For the company, it broadens its investor base and strengthens its Ghanaian ties. "By offering Atlantic Lithium shares on the GSE," Herbert explains, "we aim to maximise local participation in the Project and more closely align our Ghanaian stakeholders with the long-term success of the Company."

This aligns perfectly with the Ghanaian government's vision of a "green minerals" industry. By having a stake in Atlantic Lithium, Ghanaians gain the opportunity to not only benefit financially but also play a part in shaping the country's future as a battery metals powerhouse. As Herbert puts it, the listing "provides the opportunity for Ghanaian investors to contribute towards and share ownership in the advancement of Ghana's first lithium mine and the emergence of its promising green minerals industry."

The economic benefits extend beyond just investors. Atlantic Lithium is already a major employer and taxpayer in Ghana's central region, with a workforce comprised entirely of Ghanaians, many from the communities surrounding the project. The company recognizes the importance of social responsibility and is committed to "representing Ghana and supporting the enrichment of the lives of its local stakeholders," according to their press release.

Atlantic Lithium's arrival on the GSE comes at a pivotal time for the Ewoyaa project. The next few months are expected to see the finalization of key milestones, including securing offtake partnerships, parliamentary ratification of the mining lease, and the granting of final construction permits.

This flurry of activity underscores Atlantic Lithium's unwavering commitment to Ghana's lithium ambitions. "We are proud to be driving the country's lithium production ambitions and, ultimately, delivering generational benefits to Ghana and Ghanaians," declared Herbert. With shovels expected to hit the ground in the second half of 2024, Ghana's electric future is about to be charged.