Policy think tank IMANI Africa is calling on Parliament to reject the revised Ewoyaa lithium mining lease between the Government of Ghana and Barari DV Ghana Ltd, a subsidiary of Atlantic Lithium.
In a public statement, IMANI said its position is based on a detailed review of the original 2023 lease, the newly revised 2025 version currently before Parliament, financial modelling by the Natural Resource Governance Institute (NRGI), and analyses by civil society groups.
According to IMANI, the new agreement weakens Ghana’s fiscal benefits, exposes the country to unfair commercial risks, and does not guarantee meaningful local value addition.
The group also says government’s explanations—such as claims that the law limits royalties to 5%, that the deal remains one of Africa’s best, and that falling lithium prices justify concessions—are misleading.
IMANI argues that the revised terms amount to a major giveaway of national value and are based on a flawed interpretation of Ghana’s mining laws.
The think tank is therefore urging Parliament to withhold ratification and demand a fresh negotiation that restores stronger royalty provisions, fixes gaps in pricing and off-take arrangements, ensures firm local content commitments, and is backed by transparent, independently verified fiscal analysis.
Ghana|Atinkaonline.com