Savannah Resources PLC (AIM:SAV, ETR:SAV, OTC:SAVNF) said it has initiated a decarbonisation strategy for its Barroso lithium project in Portugal.
It expects the strategy to be ready for implementation in the second quarter of 2022.
In November, Savannah committed to move towards net zero Scope 1 and 2 emissions for the project whilst also targeting the reduction of its Scope 3 emissions.
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ECOPROGRESSO - Quadrante Group, a Portuguese consultant in environment, sustainability, climate change and resources management, will lead on the creation of the strategy.
"The appointment of ECOPROGRESSO follows on from the commitment Savannah made last November on moving towards reducing the Scope 1 and 2 emissions at the Barroso lithium project to net zero once we are in production,” said Savannah chief executive David Archer.
“Their work, along with additional work we expect to undertake with other expert consultants and service providers in related fields, will be crucial in making the Barroso lithium project a source of low-carbon, ideally zero-carbon, lithium for use in the battery value chain of Europe.”
Barroso contains the most significant spodumene lithium resource in Western Europe.