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Dr. Steve Manteaw raised concerns about the lack of consultation in setting new royalty thresholds under Ghana's mining framework. He noted that current discussions have been spurred by recent lithium deals.

The royalty rate, currently at 5%, has remained unchanged due to the absence of ministerial prescriptions. Manteaw recalled calls for a windfall tax proposed by the Ghana Extractive Industries Transparency Initiative in 2012, aimed at capturing profits during commodity booms. The new sliding scale royalty system is intended to share benefits equitably, but may unfairly burden smaller firms, particularly Ghanaian-owned companies, as larger firms benefit from stability agreements.