Mahama woos Canadian investors to Ghana’s lithium sector

Former president John Mahama has asked investors in Canada to take advantage of the discovery of lithium in Ghana and channel their resources into that sector.

Australia-based Atlantic Lithium expects to begin production at what would be Ghana’s first lithium mine in the coming months.

It follows the official granting of a 15-year mining lease to the firm by Ghana’s Ministry of Land and Natural Resources.

According to the Lands and Natural Resources Ministry, the government will own 19% share in the company’s local operation.

Speaking at the Friends of Africa Roundtable on Entrepreneurship and Partnership in Toronto on Sunday (22 October), Mahama said there are a lot of sectors in Ghana that need investment.

“Mining has always been very important, especially in Ghana, rare earth minerals like lithium has been discovered in Ghana currently,” he said.

“A lease has been granted for a firm to mine, so that is an area investors can turn their attention to,” Mahama said.

Source: asaaseradio