In recent news, Atlantic Lithium Inc., a Canada based mining company, is taking a large initiative to develop lithium mining operations in Ghana. This would make Ghana the first African country to incorporate lithium mining into its economy.
Lithium, a rare metal, continues to experience incredible demand due to its uses in computers, batteries, as well as many green energy solutions. Experts in this industry predict that the lithium market will continue to surge due to a global switch to renewable energy sources. Such a brisk world-wide demand gives incentive for Atlantic Lithium to capitalize on in Ghana.
The company is focusing on a 4,5 million tonne resource of the Afuo Lithium Project in the Brong Ahafo Region of Ghana. The plan is to have construction of the mine begin next year with commercial operations estimated to be possible by late 2021 and production as soon as 2022.
The mine is anticipated to produce 31,000 tonnes of battery grade conventionally mined lithium carbonate per year and will be the largest of its kind on the continent. Atlantic Lithium will also be taking preventative measures to ensure optimal sustainability. This includes using minimal water usage strategies, safely storing tailings, and decreasing dust during operations.
Ghana stands to benefit from this mine in numerous ways. Economically, both the private sector and the government will have access to lucrative profits from the production of lithium. This revenue can be utilized to spur further development in the country. Additionally, the government wishes to create more jobs for its citizens and hopes to become a leader in the lithium market.
Atlantic Lithium is genuinely investing in Ghana’s future by going through the necessary steps to create a no-risk and responsible mine. The company’s influence is an inspiration for other countries to think of creative solutions to maximize their resources and to benefit the lives of their citizens.
In recent news, Atlantic Lithium Inc., a Canada based mining company, is taking a large initiative to develop lithium mining operations in Ghana. This would make Ghana the first African country to incorporate lithium mining into its economy.
Lithium, a rare metal, continues to experience incredible demand due to its uses in computers, batteries, as well as many green energy solutions. Experts in this industry predict that the lithium market will continue to surge due to a global switch to renewable energy sources. Such a brisk world-wide demand gives incentive for Atlantic Lithium to capitalize on in Ghana.
The company is focusing on a 4,5 million tonne resource of the Afuo Lithium Project in the Brong Ahafo Region of Ghana. The plan is to have construction of the mine begin next year with commercial operations estimated to be possible by late 2021 and production as soon as 2022.
The mine is anticipated to produce 31,000 tonnes of battery grade conventionally mined lithium carbonate per year and will be the largest of its kind on the continent. Atlantic Lithium will also be taking preventative measures to ensure optimal sustainability. This includes using minimal water usage strategies, safely storing tailings, and decreasing dust during operations.
Ghana stands to benefit from this mine in numerous ways. Economically, both the private sector and the government will have access to lucrative profits from the production of lithium. This revenue can be utilized to spur further development in the country. Additionally, the government wishes to create more jobs for its citizens and hopes to become a leader in the lithium market.
Atlantic Lithium is genuinely investing in Ghana’s future by going through the necessary steps to create a no-risk and responsible mine. The company’s influence is an inspiration for other countries to think of creative solutions to maximize their resources and to benefit the lives of their citizens.
