Ghana: Atlantic Lithium – the Strategy Opportunity That Ghana Could Not Afford to Lose

May 28, 2026
[Ghanaian Times] Chinese lithium battery materials giant Zhejiang Huayou Cobalt Co. Ltd. is reportedly in the final stages of acquiring Australia's Atlantic Lithium Ltd. in a $210 million all-cash deal aimed at securing control of Atlantic's lithium tenements in Ghana, including the world-class Ewoyaa Project. Under the proposed agreement announced by Huayou Cobalt, the final purchase price for Atlantic Lithium will be determined after accounting for capital gains taxes imposed by the Ghana Revenue Authority.

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