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Savannah Resources Updates on Strategic Barroso Lithium Project

Story Highlights
  • Savannah Resources updates its Corporate Presentation for the Barroso Lithium Project.
  • The project supports Europe’s energy transition by supplying lithium for battery packs.
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Savannah Resources Updates on Strategic Barroso Lithium Project

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Savannah Resources ( (GB:SAV) ) has issued an announcement.

Savannah Resources has announced the availability of an updated Corporate Presentation for its Barroso Lithium Project, Europe’s largest spodumene lithium deposit, on its website. The project is pivotal in supporting Europe’s energy transition by supplying lithium for battery packs, aligning with the European Commission’s goal of increasing endogenous lithium production. The company emphasizes responsible development to minimize environmental impact while maximizing socio-economic benefits.

More about Savannah Resources

Savannah Resources is a mineral resource development company and the sole owner of the Barroso Lithium Project in northern Portugal. The project is the largest battery-grade spodumene lithium resource in Europe and is classified as a ‘Strategic Project’ under the European Critical Raw Materials Act. The company aims to support Europe’s lithium battery value chain by providing locally sourced lithium and is listed on the London Stock Exchange’s AIM market.

Average Trading Volume: 1,961,365

Technical Sentiment Signal: Sell

Current Market Cap: £80.83M

See more data about SAV stock on TipRanks’ Stock Analysis page.

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