Savannah Resources Plc, the esteemed European lithium development company, feels compelled to address recent media speculation concerning its operations
Savannah Resources Plc, the esteemed European lithium development company (AIM: SAV, FWB: SAV, SWB: SAV), feels compelled to address recent media speculation concerning its operations. The company would like to clarify that it is not currently engaged in any sale process pertaining to the Barroso Lithium Project or the company itself. Any assertions in the press suggesting an imminent sale are baseless and misleading.
As previously disclosed in Savannah's announcement on 6 September 2023, the Barroso Lithium Project has garnered significant commercial interest over the years. Moreover, with the endorsement of the DIA (Environmental Impact Assessment) and the successful completion of a positive Scoping Study, the project has attracted even greater attention from various stakeholders across the lithium value chain. Savannah has received numerous inquiries from interested parties and is currently undertaking a diligent and systematic approach to shortlisting potential strategic partner
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