Atlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, OTCQX: ALLIF, “Atlantic Lithium” or the “Company”), the Africa-focused lithium exploration and development company targeting the delivery of Ghana’s first lithium mine, is pleased to release its Quarterly Activities and Cash Flow Report for the period ended 31 March 2025.

Commenting, Neil Herbert, Executive Chairman of Atlantic Lithium, said:

“With all of the approvals required for the construction of the Ewoyaa Lithium Project now secured, Atlantic Lithium is particularly well situated for a lithium price recovery. Pricing is currently subdued and to further improve our prospects, we have proactively engaged the government in Ghana to seek additional fiscal assistance to ensure the Project can be advanced to mining on a timely basis. Through these discussions, the Company hopes to support Ghana’s efforts to deliver the long-term benefits that the Project promises, most notably for the residents of the Project’s affected communities in the Central Region.

“While weathering the challenges of the lithium market and the delays to the Project’s development, we have implemented strategic initiatives to conserve cash. These initiatives have enabled the Company to continue the advancement of the Project towards Project FID.

“We look forward to securing ratification in line with due parliamentary process, together with additional fiscal assistance from the government, which represents a key milestone on the Company’s path to achieving first production of lithium in Ghana.”

News in full

Below is a short TV interview with Atlantic Lithium’s Exec Chairman Neil Herbert who provides a high level overview of the project