ALL Atlantic Lithium Limited

12 September 2024

Ewoyaa Lithium Project Granted EPA Permit

Atlantic Lithium receives key environmental approval in the permitting process for its Ewoyaa Lithium Project

Atlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, OTCQX: ALLIF, "Atlantic Lithium" or the "Company"), the African-focused lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to announce that Ghana's Environmental Protection Agency ("EPA") has granted an environmental permit ("EPA permit") in respect of the Company's flagship Ewoyaa Lithium Project (the "Project").

The grant of the EPA permit serves as the EPA's approval for the Company's proposed activities at the Project, as detailed in the Company's Mine and Process Environment Impact Statement ("EIS"), and, therefore, represents an important landmark in the permitting process for the advancement of the Project.

The final EIS submission incorporated feedback from the EPA, both with regards to the draft EIS (submitted in May 2024) and queries raised by members of the Project's affected communities in the two public hearings held by the EPA in two of the Project's local affected communities (Ewoyaa and Krofu) in February and June 2024, respectively. Both public hearings were well-attended and highlighted the exceptionally strong local support for the Project.

Neil Herbert, Atlantic Lithium's Executive Chairman, commented: 

"The grant of the EPA permit marks a major step towards the construction of Ghana's first lithium mine and follows a collaborative engagement process with the EPA and the residents of Project's catchment area to ensure their alignment with the Company's proposed activities at Ewoyaa.

"This approval is a testament to Atlantic Lithium's commitment to acting as a responsible custodian of the land on which we operate, which we consider to be imperative to the long-term success of the Project. We are delighted to have full backing from the EPA and our local stakeholders. We would like to express our gratitude to the EPA for their direction throughout the permitting process, which has enabled the advancement of the Project at pace.

"We look forward to updating the market on the completion of the remaining steps ahead of us, which will see Ewoyaa achieve shovel-readiness."

For any further information, please contact:

Atlantic Lithium Limited

Neil Herbert (Executive Chairman)

Amanda Harsas (Finance Director and Company Secretary)

Notes to Editors:

About Atlantic Lithium

www.atlanticlithium.com.au

Atlantic Lithium is an AIM, ASX, GSE and OTCQX-listed lithium company advancing its flagship project, the Ewoyaa Lithium Project, a significant lithium spodumene pegmatite discovery in Ghana, through to production to become the country'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 largest spodumene concentrate mines in the world.

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

Atlantic Lithium holds a portfolio of lithium projects within 509km² and 771km² of granted and under-application tenure across Ghana and Côte d'Ivoire respectively, which, in addition to the Project, comprises significantly under-explored, highly prospective licences.