Revised Mining lease for Ewoyaa Lithium Project submitted to parliament
By DL News
Published
1 min read
The lease, covering the Ewoyaa project in the Western Region, has been referred to the Parliamentary Select Committee for scrutiny following its submission.
Atlantic Lithium Limited has formally laid a revised Mining Lease for its flagship Ewoyaa Lithium Project before Ghana’s Parliament, pushing the country a step closer to hosting its first lithium mine.
The lease, covering the Ewoyaa project in the Western Region, has been referred to the Parliamentary Select Committee for scrutiny following its submission. The review will determine whether the agreement is ultimately ratified by the House.
Lithium, a critical input for electric vehicle batteries and large-scale energy storage, is increasingly viewed in Accra as a strategic mineral that could anchor Ghana’s push to diversify its mining portfolio beyond gold and support its wider industrialisation agenda.
Atlantic Lithium’s updated lease reflects new fiscal terms agreed after consultations led by the Minister of Lands and Natural Resources. The revised framework aligns the project’s royalty rate and Growth and Sustainability Levy with existing law, in a bid to balance investor certainty with a fair return for the state.
In a parallel move, the Minister has placed before Parliament the Minerals and Mining (Royalty) Regulations, 2025, which introduce a sliding royalty scale for lithium based on spodumene prices:
Up to US$1,500 per tonne – 5% royalty
US$1,501–US$2,500 per tonne – 7%
US$2,501–US$3,000 per tonne – 10%
Above US$3,000 per tonne – 12%
All other fiscal terms agreed in the original Mining Lease granted in October 2023 remain unchanged.
After Parliament’s festive recess, the Select Committee is expected to commence its detailed review of the revised lease early in the new year, before advising the full House to either ratify or reject the agreement.
Atlantic Lithium has said it remains confident of securing ratification, while acknowledging that Parliament could seek amendments or that timelines may slip.
If approved, the Ewoyaa lease would clear a major regulatory hurdle for Ghana’s first commercial lithium operation, potentially positioning the country as an emerging player in the global lithium supply chain and catalysing further investment into its critical minerals sector.
