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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 Jun 13, 2024 7:41am
56 Views
Post# 36086540

Absolutely essential for society: Lithium

Absolutely essential for society: Lithium

In a recent interview with Vera Moutinho on the Green eFact digital platform, Professor Saleem H Ali, a distinguished mining expert and esteemed member of the United Nations International Resource Panel, talked about the essential role of lithium-ion batteries, describing them as "absolutely essential" due to lithium's unparalleled energy storage capacity and rapid charging capabilities.


With Portugal's lithium potential, Professor Saleem Ali defends the transformative action for rural economies, echoing our belief that our Barroso Lithium Project is a catalyst for local development and community empowerment.

Furthermore, Professor Saleem Ali underscored the importance of responsible mining practices, emphasising the mining industry's commitment to stringent regulations, community-driven oversight, and overall sustainability. These principles align closely with the values upheld by Savannah.

Moreover, Professor Saleem Ali brought attention to the need for a proactive European approach to achieving self-sufficiency in lithium production.

Don't miss out on the full article here: https://lnkd.in/dPqBM7_A

https://greenefact.sapo.pt/entrevista/saleem-ali-a-oposicao-a-exploracao-mineira-e-muito-maior-nos-paises-ricos/#
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