African Lithium Project Boosts US Drive to Close EV Gap on China

10/31/2023 15:00
African Lithium Project Boosts US Drive to Close EV Gap on China

Africa’s first major lithium project without Chinese funding is set to bolster US ambitions of developing its own battery-making industry.

Africa’s first major lithium project without Chinese funding is set to bolster US ambitions of developing its own battery-making industry.

Half of the output from Ghana’s Ewoyaa mine, being built by Australia’s Atlantic Lithium Ltd., is earmarked for a refinery that Piedmont Lithium Ltd. plans to construct in Tennessee. Piedmont is Atlantic Lithium’s second-largest shareholder and has agreed to provide most of the funds for the project.

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