Business
Half-year Financial Report
Atlantic Lithium Limited has released its unaudited interim results for the half-year ended 31 December 2025, highlighting progress on its Ewoyaa Lithium Project in Ghana, which awaits parliamentary ratification of its Mining Lease, including revised fiscal terms. The company also reported promising exploration results from its Rubino and Agboville licences in Côte d'Ivoire, with extensive lithium-in-soil anomalies identified. Financially, Atlantic Lithium secured binding agreements with Long State Investments Ltd for up to £28 million, comprising an £8 million share placement agreement and a £20 million committed equity facility, of which £2 million was raised through an initial placement and a further £2 million through a second placement during the period. The company ended the period with A$5.4 million in cash. Disclaimer*
About this update from Atlantic Lithium Limited.
13 March 2026 Interim Results Atlantic Lithium Limited (AIM: ALL, ASX: A11, GSE: ALLGH, "Atlantic Lithium" or the "Company"), the Africa-focused lithium exploration and development company targeting the delivery of Ghana's first lithium mine, is pleased to release its unaudited Interim Results for the half-year period ended 31 December 2025. Highlights from the Reporting Period: Project Development: - Atlantic Lithium currently awaits the ratification of the Mining Lease in respect of the Company's flagship Ewoyaa Lithium Project ("Ewoyaa" or the "Project") by the Parliament of Ghana. - Parliament reconvened on Tuesday, 3 February 2026 and a meeting was held for the Committee on Lands and Natural Resources (being a Parliamentary Select Committee of the Parliament of Ghana) on Thursday, 12 February 2026. - Following its review of the Mining Lease, the Select Committee is expected to provide its recommendation to Parliament. - The Mining Lease includes a revision of certain fiscal terms following a period of consultation undertaken by the Minister of Lands and Natural Resources and relevant local and industry stakeholders. o The revised terms comprise the alignment of the Project's royalty rate and Growth and Sustainability Levy to current legislated rates in Ghana. - Concurrently, the Ministry of Lands and Natural Resources submitted a Legislative Instrument outlining a sliding scale for royalty rates for lithium projects for parliamentary approval. o Following the expiration of the 21-sitting-day review period, the Legislative Instrument became legally binding post-period end. - With all the necessary regulatory approvals secured, parliamentary ratification of the Mining Lease represents the final step in the Project's permitting process. - Work undertaken to identify optimisations to the Project's design and engineering, focused on maintaining a technically sound and capital-efficient operation whilst reducing operating costs and the Project's peak funding requirement. The work is intended to ensure the Project remains resilient through commodity price downturns, while capitalising on pos...
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