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Savannah Resources Updates on Barroso Lithium Project
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Savannah Resources Updates on Barroso Lithium Project

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The latest update is out from Savannah Resources ( (GB:SAV) ).

Savannah Resources has released an updated Corporate Presentation for its Barroso Lithium Project in Portugal, which is recognized as Europe’s largest spodumene lithium deposit. This project is integral to the company’s strategic focus on supporting Europe’s energy transition by providing locally sourced lithium for battery production. The presentation, alongside a recorded investor presentation by CEO Emanuel Proença, highlights Savannah’s commitment to responsible development and its partnership with AMG Critical Materials N.V. The project’s potential to supply lithium for approximately half a million vehicle battery packs annually marks a significant step toward achieving Europe’s critical raw material goals, enhancing Savannah’s position in the industry.

More about Savannah Resources

Savannah Resources is a mineral resource development company listed on the London Stock Exchange’s Alternative Investment Market (AIM) under the ticker ‘SAV’. It is the sole owner of the Barroso Lithium Project in northern Portugal, which is the largest battery-grade spodumene lithium resource in Europe. The company aims to contribute significantly to Europe’s lithium battery value chain by producing lithium for vehicle battery packs, aligning with the European Commission’s goals for increased endogenous lithium production by 2030. Savannah is committed to environmentally responsible project development and maximizing socio-economic benefits for stakeholders.

YTD Price Performance: 0%

Average Trading Volume: 2,334,291

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £94.52M

For a thorough assessment of SAV stock, go to TipRanks’ Stock Analysis page.

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