Lithium prices were hit hard in 2023, following the slowdown in EV manufacturing in China coupled with the broader slowdown in the Chinese economy. However, the longer term fundamentals point to a rally in the price, driven by global efforts to move away from fossil fuels – lithium is crucial for decarbonization efforts, especially in the EV sector.

Atlantic Lithium (AIM: ALL)  should time its move to lithium production with an anticipated rally in the lithium price. Its flagship Ewoyaa lithium mine in Ghana is due to be one of the lowest cost producers when it commences initial production in 2025.

We recently 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