May 2024 Conference Participation

Savannah Resources PLC

14 May 2024

 

14 May 2024

Savannah Resources Plc

(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah', or the 'Company')

May 2024 Conference Participation

Savannah Resources Plc, the developer of the Barroso Lithium Project (the 'Project') in Portugal, Europe's largest spodumene lithium deposit, is pleased to announce that it will be attending the following industry conferences during May:

·    EIT RawMaterials Summit, 14-16 May, Brussels, Belgium: The annual conference for key actors in the European raw material sector. Savannah is an industry partner of the EU-backed EIT RawMaterials which is mandated to support the supply of critical raw materials to the European Industry by driving innovation along the raw materials value chain.

·    Lisbon Energy Summit & Exhibition, 27-29 May, Lisbon, Portugal: Europe's leading energy transition event with over 3,000 attendees expected. Savannah's CEO, Emanuel Proença, will be taking part in a panel discussion on 'Disruption of Existing Supply Chain for Extraction and Processing of Rare Metals and the Manufacture of Battery Cells.'

·    Finding and Supplying Lithium to the Energy Transition, 29 May, Lisbon, Portugal: Taking place at the Instituto Superior Técnico, the largest school of Architecture, Engineering, Science and Technology in Portugal, Savannah will be giving a presentation on the technical aspects of the Barroso Lithium Project.

Savannah - Enabling Europe's energy transition.

**ENDS**

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For further information please visit www.savannahresources.com or contact:

Savannah Resources PLC Emanuel Proença, CEO	Tel: [phone]
SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker) David Hignell/ Charlie Bouverat (Corporate Finance) Grant Barker/Abigail Wayne (Sales & Broking)	Tel: [phone]
SCP Resource Finance (Joint Broker) Filipe Martins/Chris Tonkin	Tel: [phone]
Camarco (Financial PR) Gordon Poole/ Emily Hall / Nuthara Bandara	Tel: [phone]
LPM (Portugal Media Relations) Herminio Santos/ Jorge Coelho / Margarida Pinheiro	Tel: [phone]

About Savannah

Savannah Resources is a mineral resource development company and the sole owner of the Barroso Lithium Project in northern Portugal, the largest battery grade spodumene lithium resource outlined to date in Europe.

Through the Barroso Lithium Project (the 'Project'), Savannah will help Portugal to play an important role in providing a long-term, locally sourced, lithium raw material supply for Europe's rapidly developing lithium battery value chain. After the Environmental Licence was granted in May 2023 and the Scoping Study confirmed the economic potential of the Project in June 2023, production is now targeted and on track to begin in 2026. At that stage, Savannah will start producing enough lithium for approximately half a million vehicle battery packs per year, equal to a significant portion of the European Commission's Critical Raw Material Act goal of a minimum 10% of European endogenous lithium production set for 2030. Savannah is focused on the responsible development and operation of the Barroso Lithium Project so that its impact on the environment is minimised and the socio-economic benefits that it can bring to all its stakeholders are maximised.

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

 

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