Lithium mining: Elon Musk to visit Ghana?

By Majesty 1 Min Read

The Chief Executive Officer and co-founder of Tesla, Elon Musk, may have been presented with yet another reason to visit Ghana following advanced plans to mine lithium in the West African country.

The billionaire investor’s impending visit to Ghana won’t come as a surprise, according to Dickson Adomako Kissi, the Member of Parliament for Anyaa Sowutuom, given the significance of lithium to his business’s operations.

Lithium has brought Ghana closer to California, he said as a guest on Peace FM’s Kokrokoo morning show.

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He asked the government to take steps to add value locally to the raw materials mined and to guarantee ties with lithium-related societies.

An agreement for the mining of Ghanaian lithium has been signed by the government of Ghana and Barari DV Limited.

Details of the agreement, however, have drawn criticism from the public regarding Ghana’s potential gains.

Critics, such as the IEA, claim that the agreement that grants Ghana a 10% royalty is a shortchange for the nation’s development. On the other hand, the government claims that this agreement is the best that Ghana has ever made for the exploitation of its natural resources.

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