Savannah Resources (GB:SAV) has released an update.
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Savannah Resources PLC, the European leader in spodumene lithium development, has announced that AMG Critical Materials B.V. now holds a 15.77% stake in the company after a recent shareholding change. This major investment follows Savannah’s progress with their Barroso Lithium Project in Portugal, expected to significantly contribute to Europe’s lithium battery supply chain and meet a substantial portion of the EU’s 2030 lithium production goal. The partnership with AMG underscores Savannah’s commitment to sustainable resource development and the advancement of Europe’s energy transition.
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