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Breaking NewsBusinesstop stories

Ghana needs strategic plan for critical minerals- Yao Graham

Suleman
Last updated: December 4, 2025 8:06 am
Suleman
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Dr Yao Graham
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Dr. Yao Graham, Coordinator of Third World Network Africa, has called for a comprehensive strategy for the exploitation of Ghana’s critical minerals, emphasising their potential to drive Africa’s structural economic transformation.

Speaking on Channel One TV’s The Point of View with Bernard Avle on Wednesday, December 3, Dr. Graham said: “We need to develop a proper strategy for the exploitation of critical minerals. It’s also an opportunity for advancing Africa’s structural economic transformation. And that, in a microcosm, is what Ghana’s project around critical minerals should be about.”

Meanwhile, the Minority Caucus on the Lands and Natural Resources Committee of Parliament has criticised government for the revised lithium mining lease with Barari DV Ghana Limited, describing the changes as detrimental to the national interest.

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In a statement signed by the Committee’s Ranking Member, Kwaku Ampratwum-Sarpong, who is also the New Patriotic Party (NPP) MP for Mampong, the Caucus said the government was attempting to justify a reduction in the royalty rate from 10 per cent to five per cent—an adjustment it argues would leave Ghanaians worse off.

The Minority recalled that the NPP government had previously accepted a 10 per cent royalty rate in October 2023, a rate the then-opposition National Democratic Congress (NDC), now in government, dismissed as “mediocre.”
They questioned what circumstances had changed to warrant cutting the rate in half, insisting that Barari’s profitability would remain significant even under the higher royalty.
Source: CNR
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