Connect with us

Hi, what are you looking for?

Trading Tips

Ewoyaa Lithium Project Granted EPA Permit

Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, “Atlantic Lithium” or the “Company”), the African-focused lithium exploration and development company targeting to deliver Ghana’s first lithium mine, is pleased to announce that Ghana’s Environmental Protection Agency (“EPA”) has granted an environmental permit (“EPA permit”) in respect of the Company’s flagship Ewoyaa Lithium Project (the “Project”).

The grant of the EPA permit serves as the EPA’s approval for the Company’s proposed activities at the Project, as detailed in the Company’s Mine and Process Environment Impact Statement (“EIS”), and, therefore, represents an important landmark in the permitting process for the advancement of the Project.

The final EIS submission incorporated feedback from the EPA, both with regards to the draft EIS (submitted in May 2024) and queries raised by members of the Project’s affected communities in the two public hearings held by the EPA in two of the Project’s local affected communities (Ewoyaa and Krofu) in February and June 2024, respectively. Both public hearings were well-attended and highlighted the exceptionally strong local support for the Project.

Neil Herbert, Atlantic Lithium’s Executive Chairman, commented:

“The grant of the EPA permit marks a major step towards the construction of Ghana’s first lithium mine and follows a collaborative engagement process with the EPA and the residents of Project’s catchment area to ensure their alignment with the Company’s proposed activities at Ewoyaa.

“This approval is a testament to Atlantic Lithium’s commitment to acting as a responsible custodian of the land on which we operate, which we consider to be imperative to the long-term success of the Project. We are delighted to have full backing from the EPA and our local stakeholders. We would like to express our gratitude to the EPA for their direction throughout the permitting process, which has enabled the advancement of the Project at pace.

“We look forward to updating the market on the completion of the remaining steps ahead of us, which will see Ewoyaa achieve shovel-readiness.”

Click here for the full ASX Release

This post appeared first on investingnews.com

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Trading Secrets

    What is the marginal rate of substitution and its formula? Key Takeaways: Trade-offs and Satisfaction: MRS shows the trade-offs consumers are willing to make...

    Trading Life

    Laura Wong Hon Chan is an interest rate options trader, who is currently a director at Bank of America Merrill Lynch in New York....

    Trading Secrets

    In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

    Trading Secrets

    Maximizing Profits in Forex with the XMaster Formula Indicator Key Takeaways: XMaster Formula Indicator is a reliable and accurate tool for Forex traders to...