Atlantic Lithium completes partner transfer that unlocks Ewoyaa development funding
Atlantic Lithium ($ALL-LSE) confirmed completion of the transfer of Elevra Lithium’s Ghana project rights and obligations to Zhejiang Huayou Cobalt. Ghana’s Ministry of Lands and Natural Resources raised no objection to the change of controller. Huayou now holds rights to a 22.5% interest in the Ghana lithium portfolio, including Ewoyaa, and has assumed the existing spodumene offtake arrangements and associated project obligations. Huayou will begin funding the remaining $66 million of a $70 mil
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