Atlantic Lithium chief executive officer Keith Muller talked with Proactive about the company’s ongoing cost-cutting strategy and structural leadership changes as it continues to advance the Ewoyaa Lithium Project in Ghana.
Muller explained that the changes in leadership are part of a “natural progression and evolution” as the company moves through its development cycle. He added that the restructuring also supports Atlantic Lithium’s focus on capital preservation in a challenging price environment.
“The key task now is to find ways of further reducing our all-in sustaining cost to make sure it's a viable proposition,” Muller said.
The company has secured its environmental and mine operating permits, and attention is now on maintaining those licenses and finalising fiscal terms with the Ghanaian government. Muller stated that the company expects a revised mining lease to be submitted to Parliament during its current session, ending in late August.
Muller also discussed market conditions, highlighting that the current lithium price levels are unsustainable and do not incentivise new supply. He pointed to forecasts suggesting a supply-demand balance could return by late 2026, positioning Atlantic Lithium well for a market rebound.
The conversation also touched on the company’s exploration efforts in Côte d'Ivoire. Muller said Atlantic Lithium is developing a pipeline of future projects to follow the 12-year mine life at Ewoyaa. Two 100%-owned licences covering 770km² near the port of Abidjan have shown promising early indicators of spodumene mineralisation.
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