- Business
- Atlantic Lithium Limited Atlantic Lithium Limited (ALL.L) is an Australia-based lithium exploration and development company focused on advancing lithium projects in West Africa, primarily targeting spodumene pegmatite deposits for production of battery-grade lithium concentrate used in electric vehicles and energy storage. The company holds a combined lithium portfolio spanning 1,280 square kilometers across Ghana and Côte d'Ivoire, with its flagship Ewoyaa Lithium Project in Ghana featuring a mineral resource estimate of 36.8 million tonnes at 1.24% Li₂O and definitive feasibility study indicating 3.6 million tonnes of spodumene concentrate production over a 12-year mine life; it also maintains highly prospective exploration licenses covering 771 square kilometers in Côte d'Ivoire's Birimian terrain. Operations emphasize low-cost development supported by excellent infrastructure including highways, ports and power, with a predominantly Ghanaian in-country team and commitments to community engagement through initiatives like water treatment plants and health programs. Founded in 2007 and headquartered in Sydney, Australia, the company changed its name from IronRidge Resources Limited in November 2021 to reflect its lithium focus. Recent developments include a co-development funding agreement with Piedmont Lithium providing up to $102 million to advance Ewoyaa to production as Ghana's first lithium mine; an acquisition by Ghana's Minerals Income Investment Fund of a 3.06% stake for $5 million plus 6% contributing interest in Ghanaian subsidiaries in early 2024; and November 2025 funding updates securing over £3 million via placements with Long State Investments Ltd to support ongoing capital and exploration expenditures.