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Savannah Resources ( (GB:SAV) ) just unveiled an update.
Savannah Resources Plc has announced significant progress in advancing the Barroso Lithium Project in Portugal towards production. The company has made strides in its Definitive Feasibility Study, environmental licensing, and infrastructure planning, enhancing local employment and stakeholder engagement. The project aims to complete outstanding data collection for feasibility and environmental processes, with a growing team predominantly based in the region. The advancements are expected to position Savannah as a key player in the lithium mining sector, addressing both technical and environmental considerations while engaging with local communities.
More about Savannah Resources
Savannah Resources Plc is a company focused on the development of the Barroso Lithium Project in Portugal, which hosts Europe’s largest spodumene lithium deposit. The company is involved in the mining and exploration industry, primarily dealing with lithium resources, and is committed to advancing its projects towards production, with a specific focus on sustainable practices and stakeholder engagement.
YTD Price Performance: -3.45%
Average Trading Volume: 2,752,703
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £91.26M
Learn more about SAV stock on TipRanks’ Stock Analysis page.
