Neil Herbert of Atlantic Lithium explains why he’s increased his stake and highlights what’s to come in 2024

Episode 1755,   Dec 29, 2023, 01:39 PM

Neil Herbert, Executive Chairman of Atlantic Lithium #ALL explains why he’s increased his stake to 1.3% of the company, summarises their significant achievements in 2023 and highlights what’s to come in 2024.

About Atlantic Lithium

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 Definitive Feasibility Study for the Project indicates the production of 3.6Mt of spodumene concentrate over a 12-year mine life, making it one of the top 10 largest spodumene concentrate mines in the world.

The Project, which was awarded a Mining Lease in October 2023, is being developed under a funding agreement with Piedmont Lithium Inc.

Atlantic Lithium holds 509km2 and 774km2 of tenure across Ghana and Côte d'Ivoire respectively, comprising significantly under-explored, highly prospective licences.