Savannah Resources (GB:SAV) has released an update.
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Savannah Resources has announced that Grupo Lusiaves SGPS, S.A. has increased its shareholding, now holding 5.24% of voting rights in the company. This acquisition highlights growing interest in Savannah’s Barroso Lithium Project, Europe’s largest spodumene lithium deposit. Investors are keeping a close eye on Savannah’s potential to impact the European lithium battery market.
For further insights into GB:SAV stock, check out TipRanks’ Stock Analysis page.