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Savannah Resources Ord Shs SAVNF

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

Post by ScandiumPoweron Aug 17, 2023 5:36am
139 Views
Post# 35592339

Savannah participating EU Horizon LITHOS R&D project

Savannah participating EU Horizon LITHOS R&D projectBehold LITHOS! Delighted to announce our new European project, dealing with responsible #lithium production & refining in Europe! Why lithium? Because lithium is arguably the “most strategic critical raw material” of all

Project info
This high-TRL #horizoneurope Innovation Action targets “Cost-effective processing and refining of lithium into lithium hydroxide from strategic European multi-mineral lithium hard-rock projects”. LITHOS’s meta-objective is to unleash Europe’s full Li-hard-rock ore potential (total: 8.8 Mt Li2O) so as to become self-sufficient by 2030–35 in terms of made-in-Europe LiOH·H2O.LITHOS was submitted in the call HORIZON-CL4-2023-RESILIENCE-01-03: Technologies for processing and refining of critical raw materials (IA). LITHOS is coordinated by VTT (Pivi Kinnunen). The consortium includes key players in the lithium value chain, ranging from FMG, KU Leuven (SIM2 KU Leuven), BRGMMetsoSibanye-Stillwater’s Keliber lithium projectTechnical University of CreteSavannah Resources PLCImerys and Euromines. Pending the successful completion of the Grant Agreement Process, the project is set to start in a couple of months.

More background on LITHOS
On 16 March 2023 the EC published the #Criticalrawmaterialsact (CRMA) setting “benchmarks along the strategic raw materials value chain and for the diversification of EU supplies”. LITHOS directly contributes to the 1st and 2nd CRMA benchmarks (10% domestic extraction; 40% domestic processing). LITHOS processes and refines the ores from three “Strategic Projects” in terms of domestic battery-grade LiOH·H2O production: two spodumene-bearing pegmatite cases (Keliber, Kaustinen, Finland; Savannah’s Barroso Lithium Project, Portugal) and one Rare-Metal Granite (RMG) case (Imerys’ Beauvoir mine in France). LITHOS expands and tailors the existing Keliber & Metso flowsheet, which was developed for regular-grade spodumene ores, so that (1) the cut-off grade for spodumene ores is reduced, resulting in larger Li reserves, while (2) allowing the commercialisation of lower-grade pegmatite & RMG deposits. LITHOS triggers innovations along the value chain – mineral processing, concentrate pre-treatment & hydrometallurgical refining – allowing to deal with different levels and types of impurities in non-spodumene Li minerals (lepidolite & petalite). LITHOS gives specific attention to closed-loop water systems in the mineral processing. The overall CO2 emissions will be 50% lower than today’s benchmark (production of spodumene concentrate in Australia & refining in China).

LinkedIn post from Tom Peter Jones, 
Director KU Leuven Institute for Sustainable Metals and Minerals at KU Leuven

https://www.linkedin.com/feed/update/urn:li:activity:7096781269648199680?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7096781269648199680%29

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