Atlantic Lithium awaits Ghana parliament approval for mining lease
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices trim early losses as Iran supply fears overshadow Russia measures Wall Street ends deep in the red amid renewed spike in oil prices due to Iran war Gold prices slip as inflationary worries due to oil spike weighs on sentiment This chart could spell trouble for crypto and Bitcoin bulls (South Africa Philippines Nigeria) Atlantic Lithium awaits Ghana parliament approval for mining lease By Company News Published 03/13/2026, 03:13 AM Atlantic Lithium awaits Ghana parliament approval for mining lease 0 ALLA -2.98% GHANA - Atlantic Lithium Limited (AIM:ALL, ASX: A11, GSE: ALLGH) released unaudited interim results for the half-year ended December 31, 2025, according to a press release statement. The company awaits ratification of the Mining Lease for its Ewoyaa Lithium Project by Ghana’s Parliament. Parliament reconvened on February 3, and the Committee on Lands and Natural Resources met on February 12 to review the Mining Lease. The Select Committee is expected to provide its recommendation to Parliament following its review. The Mining Lease includes revised fiscal terms following consultation by the Minister of Lands and Natural Resources. The revised terms align the project’s royalty rate and Growth and Sustainability Levy to current legislated rates in Ghana. The Ministry of Lands and Natural Resources submitted a Legislative Instrument outlining a sliding scale for royalty rates for lithium projects, which became legally binding after the 21-sitting-day review period expired. Parliamentary ratification represents the final step in the project’s permitting process, with all other regulatory approvals secured. Atlantic Lithium entered into binding financing agreements with Long State Investments Ltd, providing access to up to £28 million over two years. The agreements include a share placement agreement to raise up to £8 million and a committed equity facility to raise up to £20 million. The company ...
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