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flag Ghana’s parliament calls 10% lithium royalty illegal, pushing for a 5% rate amid legal and political debate.

flag Ghana’s Parliament’s Majority Caucus has declared the original 10% lithium royalty rate unlawful, citing a 2010 law that caps royalties at 5%. flag A revised agreement reflecting the 5% rate has been submitted, following requests from Barari DV Ghana Limited amid falling lithium prices. flag While the update complies with existing law, the Minority opposes it, arguing it reduces state benefits. flag Committee Chairman Collins Dauda stressed legal compliance and confirmed efforts to amend mining laws to allow higher royalties in the future, with the revised deal now under parliamentary review.

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