Atlantic Lithium, the entity overseeing the Ewoyaa Lithium Project in the Central Region, became the first international green minerals company to list its shares on the Ghana Stock Exchange (GSE).
Seven months after its subsidiary, Barari DV Ghana Ltd., was granted the country’s first lithium mining lease, Atlantic Lithium is initially offering shares valued at about GH¢650 million on the Ghanaian capital market, with an indicative price of GH¢4.40 per share.
The Minister of Lands and Natural Resources, Samuel Abu Jinapor, told the Daily Graphic yesterday that Atlantic Lithium had made history as the first greenfield company to list on the GSE.
Atlantic Lithium was granted a mining lease to mine lithium at Ewoyaa in October 2023 after going through laid-down processes. As a measure to ensure that other interested Ghanaians benefit from the mining operation, the company was required, under the new mining policy, to list on the GSE and have its shares made available to Ghanaian entities, individuals and pension funds.
It was also required to pay one percent of its revenue into a Community Development Fund to be used for the development of communities impacted by its operations. 
The government, through the Minerals Income Investment Fund (MIIF), was also to acquire an additional six percent of the shares in the mining company and 3.06 percent of the shares in the holding company.
In 2017, Atlantic Lithium Ltd. commenced exploration for lithium at Ewoyaa in the Central Region and discovered high-grade lithium in commercial quantities.
On July 13, 2022, Mr. Jinapor presented a policy statement on the development and management of green minerals to Parliament, which was anchored on ensuring that the exploitation of those green minerals ensured the benefit of Ghanaians.
Among other things, the policy provided for an increase in the royalty rate for green minerals, an increase in state and Ghanaian participation in all green mineral operations to a minimum of 30 percent, enhanced local content and local participation, including listing on the GSE and value addition and beneficiation.
Based on the policy, the country entered into negotiations with Atlantic Lithium, leading to an agreement with the company for the exploitation of lithium at Ewoyaa.