I'd like to think that Ghana recognises a lot of foreign capital...

I'd like to think that Ghana recognises a lot of foreign capital would be needed to develop their green minerals ambitions particularly if they try to push through to battery making/EV's. Push too hard and you basically get no-one wanting to do business there and no-one will come along after Atlantic for a net loss to Ghana and its people.

Personally if I was designing the scheme, the #1 point would be jobs for locals. You would have a requirements around local employment and subcontracted work so that you didn't have foreign entities bringing in their foreign labour to work deposits. Given Atlantics labour force this should be an issue.

The second point would be ensuring the jobs are well paid. You don't want foreign companies coming in and paying almost nothing to local workers. I don't think Atlantic would have an issue with this either, but the devil is in any detail.

Corporate taxes on profits - that's a basic way of the Government gaining some of the benefits and the system is already in place. You might choose to take some more of the overall gain through a royalty scheme and Ghana have probably adjusted their recommended royalty rates for green minerals. By how much will become clear with time. Sometimes western royalty rates can be high (Core noted some convoluted but pretty high NT rates).

A wildcard is what, if anything they recommend or change in the existing free-carry provision.