Lithium developer Piedmont Lithium has secured a mining lease to continue developing its Ewoyaa lithium project in Ghana.
The mining lease was issues by Ghana’s Minister of Lands and Natural Resources and provides exclusive rights to carry out lithium mining and production for an inital 15 years. Last month, Ghana’s Minerals Income Investment Fund announced plans to acquire a 6 per cent stake in the project for $US27.9 million . Piedmont has partenerd with Atlantic Lithium to develop the project. Piedmont Lithium shares are 3.2 per cent higher to 48.5¢.
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