Atlantic Lithium has received approval from the Ghana Stock Exchange (GSE)’s listing committee and Ghana's Securities and Exchange Commission (SEC) to list the company's ordinary shares by introduction on the main market of the GSE.
As the country's first near-term lithium producer to list on the GSE, Atlantic believes that admission to trading reflects Ghana's pioneering approach to establishing a route to the long-term supply of lithium to support the electrification transition and to meet global climate change objectives.
"By offering Atlantic Lithium shares on the GSE, we aim to maximise local participation in the project and more closely align our Ghanaian stakeholders with the long-term success of the company,” said company executive chairperson Neil Herbert.
“In addition, we believe we provide 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.”
Atlantic developing the Ewoyaa Lithium Project, a globally significant hard rock spodumene deposit in Ghana's Central Region.
Ewoyaa is expected to produce a steady state of 365,000 tonnes of spodumene concentrate per year, making it one of the largest spodumene mines in the world.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished