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Savannah Resources ( (GB:SAV) ) just unveiled an update.
Savannah Resources has made significant progress in its Barroso Lithium Project, with key developments in resource definition, project scheduling, and infrastructure. Despite a delay in securing a second land easement, which has pushed back the project’s timeline, the company remains confident in its completion, backed by strong community engagement and support from Portugal’s Trade & Investment Agency. The lithium market has seen improved conditions, with rising prices and demand, which positions Savannah well for future developments.
More about Savannah Resources
Savannah Resources Plc is a company focused on developing the Barroso Lithium Project in Portugal, which is Europe’s largest spodumene lithium deposit. The project is recognized as a ‘Strategic Project’ under the European Commission’s Critical Raw Materials Act, aiming to become a key asset in Europe’s lithium battery value chain.
Average Trading Volume: 1,797,041
Technical Sentiment Signal: Strong Buy
Current Market Cap: £96.99M
Find detailed analytics on SAV stock on TipRanks’ Stock Analysis page.