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Buy Reports; Newsletters; MT. Projects; August 4 2023. Ewoyaa Lithium Project, Ghana. The Ewoyaa lithium mine is expected to commence production in the third quarter of 2024. Mine Type . Open-pit . Location . Ghana, West Africa . Reserves . 25.6 million tonnes. Life of Mine . 12.5 years . Expected Start of Production . Q2 2025. Developer. Atlantic Lithium .
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Lithium ion batteries are lighter and more compact than lead acid batteries. They also have a higher DoD and longer lifespan when compared to lead acid batteries. However, lithium ion batteries are more expensive than their lead acid counterparts.This is the least common solar battery type in Ghana; Saltwater
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While South Africa has no lithium-ion battery cell manufacturers, several companies are involved in battery pack assembly. Demand for all types of batteries is also expected to come from the rollout of renewable energy projects.
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The Company's portfolio includes 560km² in Ghana, where lithium is also highly prospective. The flagship project, the Ewoyaa Lithium Project, is set to be Ghana's first lithium-producing mine and is being advanced to production under an agreement with Piedmont Lithium.
Ghana and Côte d’Ivoire, despite their historical focus on gold, are highly prospective for lithium and remain significantly underexplored. Both countries provide favourable mining investment frameworks, have established resources and commodities markets, and are well connected internationally thanks to their proximity to the Atlantic Ocean.
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