The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
To be fair looks like the Portuguese are ready to kick on
https://twitter.com/hemisferiosinfo/status/1533826201038508032?s=21&t=s6JOC9yYhtyRtqvRPb9Z8Q
https://www.proactiveinvestors.com/companies/amp/news/974630
Lithium at the heart of Europe’s supply chain: challenge and opportunity
Countries around the world are showing increased interest in lithium. It is no coincidence this is happening with its growing role at the heart of the European Union’s vital electric mobility supply chain. We are committed to help support a just energy transition with the Barroso Lithium development that delivers compelling economic, social and demographic benefits to the region, to Portugal and to Europe.
The energy transition is both a challenge and an opportunity – each of us must work to reduce our individual CO2 footprint to reduce our collective carbon emission footprint. The mining industry is aligning itself with this agenda and must ensure extraction is efficient and responsible while meeting CO2 emissions goals. We at Savannah have set ourselves the stretch target for the Barroso Lithium Project in Northern Portugal to not only achieve carbon neutrality a few years after production commences but to be net carbon neutral over the life of the development itself. And this is in addition to the some 100Mt of carbon emissions that will be avoided with the use of lithium produced from our development in batteries for electric vehicles.
Creating a strong supply chain for lithium must be a strategic priority for Europe, one which Savannah Resources is committed to as lithium is a critical enabler in the application of renewable power for electric mobility. This is the type of future-thinking that we want to foster in the northern Barroso region of Portugal and all based on one of Europe’s vital lithium mineral endowments.
#savannahressources #lithium #lithiumvaluechain #barrosolithium #EVs
I’m still struggling to understand how we haven’t taken off yet, the dream scenario is playing out with Galp and Northvolt and this has been laid out in numerous media articles recently. You would have thought there would have been some speculative money incoming at least….