Samuel Abdulai Jinapor, the Minister for Lands and Natural Resources, has reiterated his support for the contentious mining lease agreement between Ghana and Barari DV for lithium exploration in Ewoyaa, Central Region.
Amidst concerns raised by Civil Society Organizations (CSOs) and stakeholders regarding perceived unfavourable terms, Jinapor assured that the agreement focuses on value addition to Ghana's green minerals and local participation, with plans for listing on the Ghana Stock Exchange (GSE).
In an address to Civil Society Organizations in Accra, Jinapor underscored the groundbreaking nature of the agreement within the minerals industry, emphasizing the commitment to positive outcomes for Ghana.
“This is the first time we've signed a mining lease and put in strict measures which say that they would have to retain a significant proportion of the value chain in the country by establishing a chemical plant and refinery here in Ghana. It has never happened before. The lease, which for me, should give everybody comfort, is fundamentally different from the mining lease agreement signed in the past,” said Jinapor.
He expressed the government's satisfaction with the agreement's terms and sought the support of the people of Ghana.
Responding to concerns raised by the Paramount Chief of Mankessim, His Eminent Osagyefo Amanfo Edu VI, Jinapor assured him of community engagement with local stakeholders.
Jinapor highlighted the significance of the 1% community development fund from the Lithium Mining concession, describing it as the first of its kind in mining laws and demonstrating the government's commitment to local communities.