RCS - Atlantic Lithium Ltd - International Lithium Association Membership

Atlantic LithiumAnnouncement

26/04/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230426:nRSZ4645Xa&default-theme=true

RNS Number : 4645X  Atlantic Lithium Limited  26 April 2023

26 April 2023

Corporate Update

Atlantic Lithium joins the International Lithium Association

 

Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic Lithium"
or the "Company"), the funded African-focussed lithium exploration and
development company targeting to deliver Ghana's first lithium mine, is
pleased to announce that it has become an Associate Member of the
International Lithium Association (ILiA), the global trade association for the
lithium industry.

 

ILiA is a not-for-profit association based in London, founded in 2021 by some
of the leading global lithium producers, at a time when the market for lithium
was rapidly changing. Representing the entire lithium value chain, the
association aims to be a voice and global authority for the industry and
support the sector's efforts to supply high-quality lithium sustainably and
responsibly.

 

Run by and for its members, ILiA facilitates greater dialogue within the
industry and helps its members efficiently and effectively address challenges
across the sector. Founding Core Members of the association include
Albermarle, Allkem Ltd, AMG Brasil, Ganfeng Lithium, Pilbara Minerals, SQM and
Tianqi Lithium. Today more than 85% of the lithium industry is part of ILiA.

 

Committed to acting as a modern, transparent and responsible mining company,
Atlantic Lithium's membership of ILiA represents the Company's ambition to
bringing the Ewoyaa Lithium Project in Ghana to production to play an
important role in accelerating the electric vehicle revolution through the
creation of a sustainable supply of lithium.

 

 

More information on the International Lithium Association can be found on the
association's website: https://lithium.org/ (https://lithium.org/) .

 

Commenting on Atlantic Lithium's ILiA membership, Neil Herbert, Executive
Chairman, said:

 

"We are delighted to now be a member of this important industry body. The
International Lithium Association has achieved so much in only a short period
through its efforts to promote and support companies across the entire lithium
value chain. Joining the association enables us to promote our activities
wider within the sector and benefit from extensive knowledge that is shared
between members.

 

"The association's vision closely resonates with our own ambition; of
supplying high-quality lithium sustainably and responsibly. Membership comes
at an exciting time for Atlantic Lithium as we advance the Ewoyaa Lithium
Project in Ghana through studies and permitting. As we move closer to bringing
Ewoyaa to production, we are committed to working with our stakeholders,
in-country and across the lithium value chain, and look forward to playing our
role in delivering positive change through the supply of high-quality
lithium."

 

Roland Chavasse, Secretary General of the International Lithium Association,
commented:

 

"It gives me great pleasure to welcome Atlantic Lithium as an Associate Member
of the International Lithium Association. Atlantic Lithium's Ewoyaa Project in
Ghana is an exciting lithium spodumene concentrate project on track to become
the country's first lithium-producing mine. The Company hopes to be a
trailblazer in Ghana, leading efforts to establish itself as a major player in
Africa's EV supply chain. We look forward to following and supporting Atlantic
Lithium's progress as it nears first production in the coming years."

 

 

For any further information, please contact:

 

 Atlantic Lithium Limited                                           Tel: +61 2 8072 0640

 Neil Herbert (Executive Chairman)

 Amanda Harsas (Finance Director and Company Secretary)

 www.atlanticlithium.com.au (http://www.atlanticlithium.com.au)

 IR@atlanticlithium.com.au

 SP Angel Corporate Finance LLP                                     Tel: +44 (0)20 3470 0470

 Nominated Adviser

 Jeff Keating

 Charlie Bouverat

 Canaccord Genuity Limited                                          Tel: +44 (0) 20 7523 4500

 Joint Company Broker

 Raj Khatri

 James Asensio

 Harry Rees

 Liberum Capital Limited                                            Tel: +44 (0) 20 3100 2000

 Joint Company Broker

 Scott Mathieson

 Edward Thomas

 Kane Collings

 Yellow Jersey PR Limited                                           Tel: +44 (0)20 3004 9512

 Charles Goodwin

 Bessie Elliot
 atlantic@yellowjerseypr.com (mailto:atlantic@yellowjerseypr.com)

Notes to Editors:

 

About Atlantic Lithium

www.atlanticlithium.com.au (http://www.atlanticlithium.com.au/)

 

Atlantic Lithium is an AIM and ASX-listed lithium company advancing a
portfolio of lithium projects in Ghana and Côte d'Ivoire through to
production.

 

The Company's flagship project, the Ewoyaa Project in Ghana, is a significant
lithium spodumene pegmatite discovery on track to become Ghana's first
lithium-producing mine. The Company signed a funding agreement with Piedmont
Lithium Inc. for US$103m towards the development of the Ewoyaa Project. Based
on the Pre-Feasibility Study, the Ewoyaa Project has indicated Life of Mine
revenues exceeding US$4.84bn, producing a spodumene concentrate via simple
gravity only process flowsheet.

 

Atlantic Lithium holds 560km(2) & 774km(2) of tenure across Ghana and
Côte d'Ivoire respectively, comprising significantly under-explored, highly
prospective licences.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAFIFEFSAIRFIV