Atlantic Lithium Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Keith Muller
- Full Time Employees
- 85
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- Australia Square Sydney NSW Australia 2000
- IPO Date
- Oct 26, 2021
- Website
- atlanticlithium.com.au
- Similar Companies
- Business
- Atlantic Lithium Limited is an Australia-based lithium-focused exploration and development company advancing its flagship Ewoyaa Lithium Project in Ghana, West Africa, to production. The company specializes in the extraction and development of spodumene lithium concentrate, used primarily for conversion into lithium chemicals for electric vehicle batteries and energy storage applications. Its product portfolio centers around lithium spodumene concentrate, sourced from its Ewoyaa Lithium Project, which is poised to become Ghana's first lithium-producing mine. The company also holds exploration licenses in Ghana and Côte d'Ivoire across highly prospective Birimian geological terrain. Founded in 2007 and headquartered in Sydney, Australia, Atlantic Lithium operates mainly in West Africa with a strategic focus on Ghana and Côte d'Ivoire. The Ewoyaa Project features a mineral resource of approximately 36.8 million tonnes at 1.24% Li2O spodumene and is being developed under an earn-in agreement with Piedmont Lithium. This project is fully funded with a $102 million agreement, targeting the production of 365,000 tonnes per annum of spodumene concentrate over a 12-year mine life. In October 2023, the company was granted Ghana’s first mining lease for lithium, followed by key permitting milestones including an Environmental Protection Authority permit in 2024. Recent major developments include a successful A$8 million equity placing to support project advancement, commencement of a competitive spodumene offtake partnering process targeting up to 500,000 tonnes of product, and strategic operational steps aimed at transitioning from explorer to mine developer and operator. Atlantic Lithium has also increased its Ewoyaa mineral resource size and is actively engaging with the Ghanaian government on fiscal and regulatory measures to facilitate project progress. The company’s strategy emphasizes sustainable lithium supply with positive social impact, supporting the global transition to carbon neutrality through the supply of critical battery materials. Atlantic Lithium’s business segments focus exclusively on lithium exploration, development, and production, catering to global battery markets with environmentally and socially responsible practices. The company’s operational footprint leverages West African infrastructure, including highways and ports, to streamline logistics and enhance project viability. It remains committed to expanding its lithium resource base in Africa while progressing toward full production at Ewoyaa, positioning itself as a significant contributor to the global lithium supply chain essential for electric vehicles and energy storage systems.
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Atlantic Lithium advances Ewoyaa project after clearing key milestone
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Atlantic Lithium lands a further $16.4m of funding to advance Ewoyaa
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