Savannah Resources (GB:SAV) has released an update.
Savannah Resources PLC has announced a significant shareholding acquisition by Grupo Lusiaves SGPS, S.A., marking a pivotal development for the firm, which is advancing Europe’s largest spodumene lithium deposit in Portugal. The acquisition demonstrates confidence in Savannah’s Barroso Lithium Project, poised to contribute to Europe’s lithium battery supply chain and meet the European Commission’s goals for local lithium production.
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