Co-Chair of GHEITI, Dr Steve Manteaw
Natural resource governance expert Dr Steve Manteaw has described the reported takeover of Atlantic Lithium by a Chinese firm as a potential opportunity for Ghana to strengthen its position in the global battery value chain.
Reacting to the development, Dr Manteaw said China’s advanced technology and cost efficiency in battery production could work in Ghana’s favour if the country strategically engages the new owners.
“This could be a good omen for Ghana, given China’s superior technology and cost efficiency in the battery value chain,” he said in a social media post.
He stressed the need for Ghana to take a proactive approach in discussions with the new investors to secure opportunities for local value addition and mineral processing.
“We must be proactive in engaging the new owners and exploring opportunities for some minimal processing at least,” he added.
Atlantic Lithium is developing the Ewoyaa Lithium Project in Ghana’s Central Region, one of the country’s most significant lithium prospects. The project is expected to play a major role in Ghana’s ambitions to become a key player in the global electric vehicle and battery supply chain.
China currently dominates much of the global battery manufacturing and mineral processing industry, particularly in lithium refining and battery production. Industry observers believe partnerships with Chinese firms could provide Ghana with access to technical expertise, processing technology and investment needed to advance local industrialisation efforts.
Dr Manteaw’s comments add to ongoing discussions about how Ghana can maximise benefits from its emerging lithium sector through increased local participation, in-country processing and stronger regulation of critical mineral resources.
