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Savannah Resources ( (GB:SAV) ) has issued an announcement.
In 2024, Savannah Resources made significant strides in advancing the Barroso Lithium Project, with AMG Critical Materials joining as a strategic partner and the project receiving eligibility for a substantial loan guarantee from Germany. The company has also gained strong support from Portuguese investors, reflecting increasing national interest in the project. Despite challenges in the lithium market, Savannah’s stock has performed well, and the company remains optimistic about future opportunities in 2025, focusing on progressing the project to production and communicating its value proposition effectively.
More about Savannah Resources
Savannah Resources PLC is a developer in the lithium industry, focusing on the Barroso Lithium Project in Portugal, which holds Europe’s largest spodumene lithium deposit. The company is involved in lithium mining and aims to contribute to the lithium battery value chain, particularly in Europe, leveraging its strategic position and resources.
YTD Price Performance: 104.76%
Average Trading Volume: 2,856,154
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £93.43M
For detailed information about SAV stock, go to TipRanks’ Stock Analysis page.
