Savannah Resources Ord Shs SAVNF

Metals & Mining Industrial Metals & Minerals

Savannah Resources Plc is a lithium development company. The Company is focused on developing the Barroso Lithium Project in Portugal, Europe's spodumene lithium deposit. The Barroso Lithium Project contains significant spodumene lithium resources in Western Europe, consisting of five deposits, including Grandao, Reservatorio, Pinheiro, NOA and Aldeia. The Barroso Lithium Project is located in northern Portugal near the town of Boticas and around 145 kilometers (km) by road from the deep-water port of Leixoes near the city of Porto. The Barroso Lithium project covers an area of 8.36 square kilometers (km2) in the Barroso hills of northeast Portugal and consists of the C-100 Mining Lease (5.42km2) and an adjacent, three block, mining lease application area (2.94 km2). It owns significant lithium raw material assets within the European Union. By responsibly producing lithium raw material, it actively supports the creation of a new lithium value chain in Portugal and the rest of Europe.

OTCPK:SAVNF - Post by User

Savannah Resources Ord Shs

<< Previous

Bullboard Posts

Next >>

Post by ScandiumPoweron Jun 07, 2023 7:59am

97 Views

Post# 35483930

Galp/Northvolt JV - possible user for Savannah spodumene

Is this a natjural match -- Savannah-Northvolt?

Galp and Northvolt have selected the port city of Setbal, Portugal, as the location for their Aurora lithium conversion plant, which aims to become a steppingstone for the development of an integrated lithium-battery value-chain in Europe.

The selected site, in Sapec Bay Industrial Park, has good access to infrastructure, railway, port facilities and is ideally located for reagents and by-products
The start of operations is forecasted to happen by year-end 2025 and the start of commercial operations in 2026
Based on similar projects, it is expected that some €700 million will be invested into the project, which will create around 200 direct and 3,000 indirect jobs

https://northvolt.com/articles/aurora-setubal/