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About us

At a glance

Savannah Resources Plc is the sole owner of the Barroso Lithium Project, in northern Portugal.

The Barroso Lithium Project contains the most significant spodumene lithium resource in Western Europe.

Following a positive Scoping Study which outlined a conventional mine and concentrator operation, Savannah has been progressing with the development and licencing of the Project. A Definitive Feasibility Study is underway, and Portugal’s environmental regulator is evaluating Savannah’s Environmental Impact Assessment study on the Project.

Responsibly developing and operating the Barroso Lithium Project will establish Savannah, and Portugal, as an integral part of Europe’s rapidly growing lithium battery value chain which is being established to support Europe’s energy transition as it moves towards its goal of carbon neutrality by 2050. The Project will produce enough lithium each year for approximately 0.5 million electric vehicle battery packs.

Savannah maintains an active growth strategy and will look to acquire and develop other projects that add value to the Company and complement the Barroso Lithium Project.

The Company is listed and regulated on the London Stock Exchange’s Alternative Investment Market (AIM). The Company's ordinary shares are also available on the Quotation Board of the Frankfurt Stock Exchange (FWB:SAV) and the Börse Stuttgart (SWB: SAV).

Lithium development company

LSE listed lithium development company with headquarters in London

Incorporated in 2010 and acquired its flagship asset, the Barroso Lithium Project in 2017 (100% ownership) to become a key player in Europe's new lithium value chain

Largest conventional lithium project in europe

The largest European hard rock spodumene lithium resource with 27Mt @ 1.06% Li2O plus further mineral resource potential

Committed to long term, responsible, lithium raw material production

ESG focused

Committed to moving towards net zero life-of-mine Scope 1 & 2 emissions, and targeting the reduction of its Scope 3 emissions

Committed to sharing the social and economic benefits of its projects with stakeholders

Committed to high standards of Governance in everything we do

USD109M

Capital Expenditure

175KTPA

AVG Annual Spodumene Production

USD271/T

LOM C1 Cash cost CIF China

USD241M

NPV8% Post Tax

48.6%

IRR Post Tax

2.1Years

Post Tax Pay Back

What makes us unique

Savannah owns one of the most significant lithium raw material assets within the European Union. By responsibly producing lithium raw material, Savannah will actively support the creation of a new lithium value chain in Portugal and the rest of Europe and help the bloc with its energy transition strategy.

Our purpose

Responsibly enabling Europe’s electric power revolution.

Our vision

To facilitate Europe’s transition to sustainable power.

Our mission

To be the supplier of choice for Europe’s lithium. As a just and responsible carbon-neutral operator, we will elevate perceptions of our industry.