Multicommodity company Savannah Resources has announced an agreement to buy a series of highly prospective lithium prospects in Portugal, including an advanced project,as the company seeks to tap into the world’s second-largest lithium market after China.
As part of the transaction to buy a 75% interest in four projects in the north of the country, Savannah will acquire the Mina do Barroso prospect, which the company sees as one of the most advanced lithium development projects in Europe.
