Ghana: Livista Energy and CAA Mining have announced an exciting new partnership. The two companies will open a conversion facility in Takoradi, Ghana that will process Lithium. This is set to be a major step forward for the industry, as it will create more efficient ways of processing the Lithium mined from African sources.
Livista is working to transform spodumene, a mineral with Lithium content found in Ghana, into intermediary lithium chemicals. The chemicals will then be shipped to Livista's European plant for further processing.
Ghana has the opportunity to create jobs and bring in new sources of GDP by finding ways to refine Lithium locally. Martin Kwaku Ayisi, the Chief Executive of Minerals Commission Ghana, is confident that this could be achieved.
The demand for lithium, an essential material used in the production of electric vehicle batteries, has skyrocketed over the past several years. This is due to the shift towards renewable energy sources worldwide.
Livista, a mining company that has been granted a license to operate in the area next to the Ewoyaa Lithium Deposit, is expected to begin production at its European facility in 2026. This news comes as Atlantic Lithium Ltd., the current developer of the deposit, continues with its development plans.