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No one has been given approval to mine Lithium- Minerals Commission

Lithium

Chief Executive of the Minerals Commission, Martin Keaku Ayisi,

By Felix Cofie

The Minerals Commission says no contract, transaction, deal or stake has been given to any person, company, or entity in respect of the Ewoyaa Lithium Project.

According to the Commission, it is by law mandated to make recommendations to the Minister of Lands and Natural Resources for the grant of mineral rights, including a mining lease, with respect to such approval.

However, the Commission has not made any such recommendation for the grant of a mining lease to the Minister for the development of the lithium deposits at Ewoyaa, a statement signed by the Chief Executive of the Minerals Commission, Martin Keaku Ayisi, said.

The attention of the Minerals Commission (the “Commission”) has been drawn to a news release by Piedmont Lithium (“Piedmont” or the “Company”) in respect of the company’s acquisition of a stake in the Ewoyaa Lithium Project in Ghana. The statement said the Commission wishes to inform the public that Cabinet on 27 July 2023, approved a new policy framework for the exploitation, management, and regulation of lithium and other green minerals in Ghana.

The overarching goal of the new framework is anchored on the principle that the exploitation of green minerals, including lithium, must benefit Ghanaians, who are the true owners of the mineral resources.

It said negotiations are ongoing with Atlantic Lithium Limited on the development of the Ewoyaa Lithium deposits in the Mfantseman Municipality of the Central Region.

The statement said the Commission has not made any such recommendation for the grant of a mining lease to the Minister for the development of the lithium deposits at Ewoyaa.

The statement maintained that Atlantic Lithium Limited only holds a prospecting licence in the name of its local subsidiary, Baari Development Ghana Limited.

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