The Minister for Lands and Natural Resources, Mr Samuel Abu Jinapor, has stated that Ghana will not export lithium in its raw state.
Addressing the media on Thursday in Accra, he noted that the government, in its agreement with Barari Development Ghana Limited, has instituted the retention of a significant part of the lithium-ion value chain.
The Mining Lease, according to the Minister, includes the establishment of a refinery and the provision of the by-products to local industries.
“In everything we have done with this mining lease, the interest of the Ghanaian people has been paramount,” he added.
Mr Jinapor reiterated the government’s commitment to the effective and efficient management of natural resources.
The Chief Executive Officer of the Minerals Commission, Mr Martin Kwaku Ayisi, disclosed that the lithium-ion value chain is divided into five main stages.
These stages, according to him, include; mine/concentrate, refining, making battery materials, manufacturing the cells and assembling the cells into battery packs, affirming the Sector Minister’s assertion that lithium-ion will not be exported out of Ghana in its raw state.
He disclosed that the government is making efforts to enlist Barari Development Ghana Ltd on the Ghana Stock Exchange (GSE) to ensure that Ghana owns a minimum of 30 per cent shares in the company.
“Currently, discussions with GSE and Security and Exchange Commission (SEC) on the mandatory listing of the company on the Ghana Stock Exchange is progressing very well,” he stated.
Irene Wirekoaa Osei, ISD