Savannah Resources (GB:SAV) has released an update.
Savannah Resources Plc has announced a major shareholding acquisition by Mário Nuno dos Santos Ferreira in its Barroso Lithium Project, Europe’s largest spodumene lithium deposit in Portugal. This move highlights the growing interest in lithium resources critical to Europe’s battery production and energy transition. With significant backing from strategic partner AMG Critical Materials N.V., Savannah aims to significantly contribute to the European Commission’s lithium production goals.
For further insights into GB:SAV stock, check out TipRanks’ Stock Analysis page.