Environmental green light for Savannah’s lithium project! The Horizon Europe EXCEED team is very excited about this week’s news that “the Portuguese regulator has issued a positive declaration of environmental impact for (Savannah Resources’) Barroso lithium mine, which has a target of producing enough lithium for 500,000 electric cars a year.”
Savannah has made very significant efforts to minimise the environmental impact of the Project and is committed to sharing the socio-economic benefits which the project can generate with local stakeholders.
Savannah Resources PLC is a key partner within the EXCEED project. EXCEED’s objective is to unleash the full Critical Metal (CRM) and industrial mineral potential of Europe’s vast lithium LCT-pegmatite and rare-metal granite hard-rock resources.
EXCEED comprises 4 strategic European lithium projects, including Savannah’s Barroso project in the North of Portugal, Imerys’ Beauvoir and St Austell mines in resp. France (EMILI project) and UK, and Sibanye-Stillwater’s Keliber lithium project in the Kaustinen region in Finland.
The fact that Savannah has now received this green light is a major boost for EXCEED and for Europe’s quest for more domestic extraction of energy-transition metals.
Read more about this new development in this article in the Financial Times.
