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Savannah Resources’ Barroso Lithium Project Progresses Amidst Official Inquiry

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Savannah Resources PLC (SAVNF) has announced that its Barroso lithium project operations are proceeding without hindrance, despite the recent visit from Portuguese officials as part of an investigation.

The company, specializing in lithium development, emphasized its full cooperation with the authorities and clarified that neither Savannah nor its personnel are subjects of the probe. The inquiry focuses on various projects, including hydrogen energy in Sines and data centre construction, as well as lithium concessions in Romano and Barroso.

Savannah’s commitment to transparency and regulatory compliance remains steadfast, ensuring that the Barroso project’s advancement is unaffected. The company’s shares ended the day unchanged at 3.30 pence on the London stock exchange.

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