Establishing a lithium refinery in Takoradi could mark a turning point in the country''s economic trajectory. Not only will it create jobs and stimulate local industries, but it will also position
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Ghana is set to become the first West African lithium producer as two firms have signed an agreement to fast-track the project. This follows a conditional binding agreement that IronRidge Resources has entered with Piedmont Lithium to fully fund and accelerate the Ewoyaa Lithium Project to production.
As the demand for EVs and renewable energy storage soars, securing a stable supply of lithium has become a global priority. Ghana’s decision to process its own lithium domestically rather than exporting it in its raw state aligns with the broader conversation on critical minerals for the energy transition.
In November 2023, Atlantic Lithium secured an exploration licence for Ghana’s Cape Coast project. The licence area is in the proximity of its Mankessim exploration asset that hosts the Ewoyaa lithium project and is adjacent to the Saltpond licence. As per the estimates, the Ewoyaa project holds 14.5 million tonnes at 1.31% lithium oxide.
Establishing a lithium refinery in Takoradi could mark a turning point in the country’s economic trajectory. Not only will it create jobs and stimulate local industries, but it will also position Ghana as a key player in the global lithium supply chain.
