Atlantic Lithium: Quarterly Update
Atlantic Lithium has released a Quarterly Activities and Cash Flow Report for the period ended 31 December 2024. Highlights include the issuance of a Mine Operating Permit at Ewoyaa Lithium Project which is the final regulatory approval required prior to the commencement of construction of the Project the completion of successful A$10m Equity Placing to contribute to funding the advancement of the Project as well as the updated resource estimate, as announced today
Exec Chairman Neil Herbert added:
“Atlantic Lithium continues to make impressive progress towards the completion of the permitting process in respect of the Ewoyaa Lithium Project, receiving three key Project approvals through the December quarter and into January: the Mine Operating Permit, the Land Use Certificate and the Water Use Permit. These achievements reflect the unwavering hard work of our team to deliver on the permitting milestones in a timely fashion as we await the ratification of the Mining Lease by Ghana’s parliament.
“Having completed a A$10m Equity Placing during the period, we continue to undertake activities that are critical to the advancement of the Project towards Final Investment Decision.
“We look forward to providing further updates in due course.”
We caught up with Chairman Neil Herbert. He provided an update on Atlantic’s operations, outlining the key recent milestones reached and what we should look out for in the next twelve months