Savannah Resources says report shows Mina do Barroso lithium project set to provide big boost to Portugal’s economy
Savannah's project is one of the largest of its kind in Europe
Company
Savannah Resources PLC
LON:SAV
Savannah Resources PLC is the owner of the Barroso Lithium Project, located close to key infrastructure in Northern Portugal which contains the most significant spodumene lithium resource in Western Europe. Following a positive scoping study that outlined a conventional operation producing 175,000t of spodumene concentrate per annum, Savannah is progressing with the development and environmental licencing of the Barroso Lithium Project. A definitive feasibility study is underway, and Portugal’s environmental regulator is evaluating Savannah’s Environmental Impact Assessment study on the project.
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Savannah Resources confident on lithium quality at Mina do Barroso after latest testwork
“These latest results give a further clear indication that battery-grade lithium chemicals can be produced efficiently from Mina do Barroso concentrate"
Savannah Resources making excellent progress in offtake process
Securing an offtake deal in this arena is among management’s priorities, along with project financing and mine permitting.
Savannah Resources submits environmental impact assessment for Mina do Barroso lithium project
The Portuguese lithium project is entering a key phase in the permitting and pre-development process, and the group is advancing towards a definitive feasibility study
Savannah Resources inks agreement with EIT InnoEnergy ahead of project financing
"Savannah is one of the first lithium raw material development companies in Europe to secure an agreement with EIT InnoEnergy," said chief executive David Archer
Savannah Resources continuing with many key activities, in spite of coronavirus disruption
Chief executive David Archer said Savannah operatives routinely work remotely in the normal course of business
Savannah Resources in talks over offtake deal for Mina do Barosso
In the meantime, Savannah will focus on completing the pre-development phase of the lithium project
Savannah Resources completes mining licences for Mozambique heavy minerals venture with Rio Tinto
Chief executive David Archer said Savannah has now achieved one of the most important milestones towards mine development
Savannah Resources and Rio Tinto JV win second licence for heavy minerals project
Mutumba's indicated and inferred resource of 4.4bn tonnes grading 3.9% total heavy minerals makes it “one of the most attractive undeveloped mineral sands deposits in the world”
Savannah Resources secures mining permit for the Mutamba mineral sands project in Mozambique
The licence is the first of three that will allow the exploitation of a "globally relevant" resource
Savannah Resources to sponsor FST Lisboa, a team of engineering students building lithium-ion battery-powered formula race cars
FST Lisboa includes a team of 43 engineering students, working towards developing their next-generation electric vehicle (EV) prototypes
Savannah Resources granted third concession at the Mutamba mineral sands project in Mozambique
Once the administrative boxes are ticked, Savannah will move Mutamba on to the PFS stage
Savannah Resources pleased with metallurgy outcomes at Portuguese lithium project
The current work resulted in low levels of the iron, potassium and sodium making for a very saleable concentrate
Analysing Savannah Resources' metallurgical results from Portugal - it's worth digging a little deeper
These metallurgical results have proven to be anything but boring
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Savannah Resources completes £5mln fundraising as major shareholder buys in
The proceeds will be used primarily to complete the definitive feasibility study on its Mina do Barroso lithium spodumene project in Northern Portugal
Savannah firmly focused on delivering Mina do Barroso study by next June
There remains more work to do to complete the DFS. This has been brought about by the discovery and subsequent delineation of new orebodies.
Savannah Resources identifies substantial quantities of industrial minerals at Mina do Barroso
These can be recovered and sold to local ceramic and glass companies, said the AIM-listed explorer.
Savannah Resources raises funds to complete its Mina do Barroso DFS
Al Marjan, the company's largest shareholder, will hold 20.7% of the company's enlarged share capital after subscribing for £1.2mln in shares at the placing price.
Savannah Resources lands mining concessions for Mutamba heavy minerals project
It moves Mutamba closer to key project development milestones.