https://www.miningweekly.com
Construction|Flow|Ghana|Infrastructure|Mining|PROJECT|Flow|Environmental|Infrastructure
Construction|Flow|Ghana|Infrastructure|Mining|PROJECT|Flow|Environmental|Infrastructure
construction|flow-company|ghana|infrastructure|mining|project|flow-industry-term|environmental|infrastructure

Atlantic gets approval for Ewoyaa transmission diversion

10th October 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Ghana’s Environmental Protection Agency (EPA) has granted lithium developer Atlantic Lithium authorisation to divert two transmission lines that run across the planned mining areas that hold the company’s Ewoyaa lithium project.

The company told shareholders on Tuesday that the planned diversion of the transmission lines, which currently traverse the proposed project site, forms part of the project’s mine plan and represents an important step as the company advances Ewoyaa towards shovel readiness.

The EPA approval has been granted until March 2025, enabling the Ghana Grid Company (GRIDCo) to carry out the diversion of the lines on behalf of Atlantic.

“The diversion of the transmission lines that traverse the proposed project site forms an important part of the mine plan and the company’s preparations towards shovel readiness at Ewoyaa,” said Atlantic CEO Keith  Muller.

“I would like to take the opportunity to thank GRIDCo for undertaking this work on behalf of the company and the EPA for its timely approval, ensuring we maintain our strong momentum as we advance the project towards construction.

“At Ewoyaa, we consider ourselves exceptionally fortunate to be able to leverage Ghana’s impressive existing infrastructure and the considerable expertise from over a century of mining activity in the country. We believe these elements play a major role in positioning the project as one of the leading hard rock spodumene assets globally.”

The definitive feasibility study (DFS) into the Ewoyaa project estimated a capital cost of $185-million based on a 3.6-million-tonne spodumene concentrate production over a mine life of 12 years. The DFS estimated a post-tax net present value of $1.5-billion with a free cash flow of $2.4-billion and life-of-mine revenues of $6.6-billion.

The study also estimated C1 cash operating costs of $377/t of concentrate free-on-board, after by-product credits from conventional opencut mining, and an all-in sustaining cost of $610/t.

Atlantic is currently awaiting the grant of a mining licence required to advance the project towards construction.

Edited by Creamer Media Reporter

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine video image
Magazine round up | 01 March 2024
1st March 2024
Implats CEO Nico Muller
Implats expecting phased reduction in group output
29th February 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.143 0.176s - 92pq - 2rq
Subscribe Now