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Ewoyaa: Ghana and Atlantic Lithium in talks to obtain fiscal concessions on the project

30/04/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Atlantic Lithium a revealed on Thursday 24 April that it had initiated discussions with the Ghanaian government to obtain fiscal concessions in order to advance its Ewoyaa lithium project, in a context marked by a persistent drop in the price of

this metal.

The Ewoyaa lithium project is being developed in Ghana by Atlantic Lithium. Indeed, the Natural Resource Governance Institute (NRGI) indicated in its report “Assessing the Fiscal Regime in Ghana's Lithium Agreement” that the Ghanaian State could rely on other relatively flexible fiscal conditions to capture more income from the exploitation of this asset. According to the document, “the government could design this tax so à that it would only be triggered once investors have received the minimum return required to make their initial investment.” The first option put forward is the substitution of the 2023 fixed rate by a à variable rate charge, although moderate. Such an

à update would allow the country to collect a rate that could exceed the 10% threshold when lithium prices are high. At the same time, the NRGI recommends the introduction of a tax on mineral income.
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