Ewoyaa. Source: Atlantic Lithium.
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Atlantic Lithium (ASX:A11) receives authorisation from Ghana’s EPA to relocate transmission lines that cross planned mining areas at the Ewoyaa lithium project
  • The company is working towards establishing Ghana’s first lithium mine
  • This strategic decision aims to enable the company to kickstart early spodumene concentrate production through a modular DMS processing unit
  • Atlantic awaits ministerial approval for the mining lease update for the Mankessim license, a necessary step before the project can proceed to construction
  • A11 was last traded at 47 cents

Atlantic Lithium (ASX:A11) has received authorisation from Ghana’s Environmental Protection Agency (EPA) to relocate transmission lines that cross planned mining areas at the Ewoyaa lithium project.

This African-focused lithium explorer and developer is working towards establishing Ghana’s first lithium mine.

According to the Ewoyaa definitive feasibility study (DFS), announced on June 29, 2023, the company had requested the relocation of the transmission lines to the Northern boundary.

This strategic decision aims to enable the company to kickstart early spodumene concentrate production through a modular dense media separation (DMS) processing unit. The EPA has granted an extension for the transmission line diversion until March 24, 2025.

“At Ewoyaa, we consider ourselves exceptionally fortunate to be able to leverage Ghana’s impressive existing infrastructure and the considerable expertise from over a century of mining activity in the country,” A11 CEO Keith Muller said.

“We believe these elements play a major role in positioning the project as one of the leading hard rock spodumene assets globally.”

This authorisation allows the Ghana Grid Company (GRIDCo), which owns the National Interconnected Transmission System in Ghana, to oversee the relocation of the lines on behalf of Atlantic Lithium.

The company is currently awaiting ministerial approval for the mining lease update for the Mankessim license, a necessary step before the project can proceed to construction.

Atlantic remains optimistic about the progress made and anticipates the mining lease to be granted in the near future.

A11 last traded at 47 cents.

a11 by the numbers
More From The Market Online

WIN Metals adds strategic tenure acquisition to boost Butchers Creek project in WA

WIN Metals has entered into two agreements to expand its Butchers Creek Gold project in the…
HotCopper Daily Market Trends Graphic

Wednesday’s HotCopper trends: BPM Minerals, Cynata Therapeutics, Pathkey.AI and other daily topics

With more than 600k average monthly users on the HotCopper forums, each and every discussion can…

Koonenberry Gold advances multiple exploration programs across NSW portfolio

Koonenberry Gold continues to progress a range of activities across its NSW portfolio including at the…

Black Canyon hits iron and manganese with Wandanya extension drilling in WA

Black Canyon has obtained promising assay results from expansion drilling at the Wandanya manganese and iron…