Savannah Resources (GB:SAV) has released an update.
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Savannah Resources has announced a significant acquisition of shares by Grupo Lusiaves SGPS, boosting its voting rights to over 6% in the company. This change highlights growing interest and investment in Savannah’s Barroso Lithium Project in Portugal, which is poised to play a crucial role in Europe’s lithium battery supply chain. As Savannah continues to develop this major lithium resource, investors are keenly watching its potential impact on the energy market.
For further insights into GB:SAV stock, check out TipRanks’ Stock Analysis page.
