In 2021, Piedmont Lithium acquired an equity interest in Atlantic Lithium with the ability to earn a 50% ownership interest in Atlantic Lithium’s Ghanaian lithium portfolio.

Atlantic Lithium’s flagship Ewoyaa Lithium Project is located in the Cape Coast region of the country. Atlantic Lithium, in partnership with Piedmont Lithium, is working toward a goal of having the Ewoyaa Lithium Project licensed and permitted in 2023. Construction should follow shortly thereafter, and production of spodumene concentrate is planned to start by the end of 2024.

Boat icon.

Approximately 70 miles from a major port and located along a national highway

Location icon.

Moderate transport distance to North America for lithium hydroxide conversion

Mining icon.

High-grade, coarse-grained spodumene

Plus icon.

Employment opportunities for the local workforce

Water icon.

Adjacent hydroelectric power lines for future renewable electricity supply

Supplying Spodumene Concentrate to the United States

The agreement with Atlantic Lithium provides critical access to spodumene concentrate as well as the infrastructure to transport it to the United States.

In addition to our equity investment, Piedmont holds an offtake agreement with Atlantic Lithium to purchase 50% of the spodumene concentrate produced by the Ewoyaa Lithium Project on a life-of-mine basis.

This offtake agreement will help supply the valuable resource to Tennessee Lithium, where it will be converted to lithium hydroxide to deliver battery-grade lithium to the EV and battery markets.