Savannah Announces “More Quantities” of Lithium in Boticas. Potential for 47 Million Electric Cars

Sapo

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The British company says that “the confirmed resource increases by 40%, now in the 39 million tonnes” in the Barroso mine, which wants to explore in the Boticas Council, in the district of Vila Real.

Noticias ao Minuto

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The British company said in a communiqué that the Barroso mine, which wants to explore in the Boticas Council of Boticas, in the district of Vila Real, "strengthens the position of the largest reserve of European lithium emomine. "The expansion of 40% of the resource for nearly 40 million tonnes gives good indicators for a possible useful life of the project as long as it is foreseen in the 2023 Framework Study", said the Executive President (CE…

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The open-air litio mine obtained an Environmental Impact Declaration (DIA) conditioned in 2023 and Savannah plans to start production in 2027.

Jornal Expresso

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The British miner completed the survey period in the Barroso mine (Tras-os-Montes) and revealed that the confirmed resource increased by 40% for 39 million tonnes, while the estimated additional for exploration fired by 200%, between 35 million and 62 million tonnes.