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Atlantic Lithium Limited to start operations in 2026, with 2000 jobs to be created and $6.6 billion annual returns

September 26, 2023
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Atlantic Lithium Limited, an Australian mining company, is set to commence production in the Central region, generating 1000 to 2000 new jobs.

The operations of the company will also make Ghana generate about $6.6 billion annually from lithium.

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Speaking on the sidelines of the West African Mining Conference, Chief Executive Officer, Keith Muller, told journalists that the company will by end of September received it mining license.

“I’ve been quite surprised about the level of engagements we’ve had with the Minerals Commission. I think its CEO has done a sterling job in assisting us in the process of obtaining a permit. We’ve never been this close to obtaining a mining license. We’re very excited and we believe it will happen in the next couple of weeks, if not by the end of this month”.

“The company will generate in excess of $6.6 billion. More than half of it will go to the benefit of Ghana in the form of taxes, royalties, company salaries, and contracts to the locals,” he stated.

“We’ve been operating in Ghana since 2016. Seven years ago, lithium was not a hot commodity as it is now. So we’ve been putting efforts into the country, we’ve invested almost $40 million till date. The main consumer of lithium is the electric vehicle market”.

“We’ve got a close partnership with American company, Piedmont Lithium, to receive half of our concentrate and the other half is quite incumbent so there’s quite a potential to do something with that with interested parties,” he added.

The Australian government and its partners organised the West African Mining Conference.

By: Rainbowradioonline.com/Ghana

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