Politics

Savannah Resources says report into the potential economic impacts of the Mina do Barroso Lithium Project now uploaded to its website

Savannah Resources PLC (LON:SAV) said the report commissioned from the University of Minho into the potential economic impacts of developing the Mina do Barroso Lithium Project has now been uploaded to Savannah's website.

Available in Portuguese, or as an English translation, the full report and executive summaries can be found on the following pages on the site: http://www.savannahresources.com/investor-relations/presentations-and-reports/ and http://www.savannahresources.com/assets/mina-do-barroso/

WATCH: Savannah Resources' Mina do Barroso project to add €437mln to Portugal's gross domestic product

In a statement, David Archer, Savannah's chief executive officer commented: "We are happy to share the Report completed by Professors Cerejeira and Carballo-Cruz from the University of Minho. We believe their excellent work brings further clarification regarding the many positive benefits that Mina do Barroso could bring.

“Their quantitative and qualitative analysis shows that it is a project of significant importance, not only in terms of the local economy, but also for the national economy of Portugal, and as part of the European Commission's plans to create an end-to-end lithium value chain in Europe.

“We have always believed the Project could be a major force for good in the local area via tRead More – Source

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