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Industrial project: Atlantic Lithium renegotiates the fiscal conditions of the Ewoyaa project

08/01/2026
Source : ORISHAS FINANCE
Categories: Sectors

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The Ghanaian government presented a few years ago Days a new mining lease proposal in Parliament, intended to provide a framework its partnership with Atlantic Lithium. This is the most common attempt recent by the authorities to launch Ewoyaa, the country's first lithium mine, and thus join Mali.

The Australian band Atlantic Lithium renegotiates the fiscal conditions of the Ewoyaa project in order to maintaining profitability. In Mali, two lithium mines have been put into operation over the last 12 months. Atlantic is asking the government for a reassessment of its fiscal commitments, in particular the royalty rate on revenues, in order to guarantee the profitability of the project. The company highlights, for example, that the internal rate of return, which was 105% in the feasibility study, fell to 13.6%, a level at which “no one will not invest” according to Ahmed-Salim Adam, country director of Atlantic Lithium at Ghana. It also calls for the abolition of import duties on mining equipment and a review of the corporate tax rate at which she is submissive. After several months of negotiations, the company Australian reported that the government has acceded to some of its requests.

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