About Savannah resources plc
Savannah Resources Plc: Europe's Leading Conventional Lithium Development Company
Savannah Resources Plc is a UK-based mining company that specializes in the exploration and development of lithium and other minerals. The company has been operating since 2010, and it has established itself as one of the leading conventional lithium development companies in Europe. Savannah owns one of the most significant lithium raw material assets within the European Union, which makes it a key player in the global lithium market.
The company's primary focus is on developing its Mina do Barroso project, located in northern Portugal. This project is expected to produce high-quality spodumene concentrate, which can be used to produce battery-grade lithium chemicals for electric vehicles (EVs) and energy storage systems (ESS). Savannah aims to become a major supplier of sustainable lithium products for these growing markets.
Savannah's Mina do Barroso project has several advantages over other lithium projects around the world. Firstly, it is located within the EU, which means that it benefits from favorable regulatory conditions and access to infrastructure such as roads, ports, and power supply. Secondly, it has low operating costs due to its simple geology and favorable metallurgy. Thirdly, it has excellent potential for expansion due to its large resource base.
In addition to its flagship Mina do Barroso project, Savannah also holds several other exploration licenses across Portugal and Finland. These licenses cover a range of commodities including copper-gold-zinc-silver-lead deposits in northern Portugal; heavy mineral sands deposits in Mozambique; copper-nickel-platinum group metals deposits in Finland; gold-copper-molybdenum porphyry deposits in Oman; and vanadium-titanium-iron ore deposits in Greenland.
Savannah's strategy is focused on creating value through exploration success while maintaining strict environmental standards at all stages of its operations. The company believes that its portfolio of high-quality assets, combined with its experienced management team and technical expertise, will enable it to deliver long-term value for its shareholders.
Savannah is committed to sustainability and responsible mining practices. The company has implemented a comprehensive environmental management system that includes regular monitoring of air, water, and soil quality; waste management; biodiversity conservation; and community engagement. Savannah also supports local communities through various social initiatives such as education programs, health clinics, and infrastructure development.
In conclusion, Savannah Resources Plc is a leading conventional lithium development company in Europe with a strong focus on sustainability and responsible mining practices. The company's flagship Mina do Barroso project has significant potential to become a major supplier of sustainable lithium products for the growing EVs and ESS markets. With an experienced management team, high-quality asset portfolio, and commitment to environmental stewardship, Savannah is well-positioned to deliver long-term value for its shareholders while contributing positively to society.