The general manager of operations at Atlantic Lithium, Ahmed-Salim Adam has indicated that, this is the best time to buy the company’s shares on the Ghana Stock Exchange.
The African-focused lithium exploration and development company targeting to deliver Ghana’s first lithium mine became the first lithium company to list on the Ghana Stock Exchange on Monday,13 May,2024.
Atlantic Lithium is advancing its flagship Ewoyaa Lithium project in the Central Region, has been operating in Ghana since 2016, establishing itself as a leading taxpayer and employer in the region in the process.
Ewoyaa is on track to become the country’s first lithium mine and the third largest hard rock lithium mine in Africa, putting Ghana on the map as a globally significant producer of lithium; a mineral that is considered vital in the transition to electrification through the adoption of electric vehicles.
The project is expected to create over 800 new direct jobs for Ghanaians from as early as the construction phase.
Contributing to a panel discussion on the topic “Development of West Africa’s Critical Mineral Resources for Sustainable Development” at the ongoing 17th Edition of the West African Mining and Power Conference and Exhibition (WAMPOC/WAMPEX) on Wednesday (5 June), at the Accra International Conference Centre in Accra, Adam urged Ghanaians to own shares in the firm to deepen local content.
“In our case, we were listed on the GSE during our pre-production phase, thus making it a very good time to buy Atlantic Lithium shares, the shares are traded live as is done for the London and Australia Stock Exchange and the Ghana Stock Exchange is supportive of that, everybody has the opportunity to own Atlantic Lithium shares.”
“Again, this is something we had to do, as part of the Mining Lease requirements, and we spear headed this because share prices are currently up,” Adam said.
Reporting by Fred Dzakpata in Accra
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