18
Aug
13:39
Piedmont Lithium to increase investment in Ghana’s Ewoyaa project
Lithium producer Piedmont Lithium said Thursday it will offer $70 million to fund Atlantic Lithium’s Ewoyaa lithium project in Ghana, West Africa, in exchange for a 22.5% stake in the project, Kallanish learns.
Under the agreement, Piedmont will earn a 50% equity interest in Atlantic Lithium’s Ghanaian lithium portfolio. Having already funded the definitive feasibility study (DFS), Piedmont will initially acquire a 22.5% interest in Ewoyaa. It wi…
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