RE: Sav13 Sep 2018 10:04
4 Correction
And, by the end of the year, the government will launch an international tender to award prospecting rights to a dozen other potential deposits to meet the "great appetite of investors" who have formulated a quarantine of requests since 2016, told the AFP the Secretary of State for Energy, Jorge Seguro Sanches.
But the Portuguese state no longer wants to be limited to receiving the royalties of the extraction activity. "We want to seize the opportunity to develop industrial sectors related to ore processing, battery manufacturing, the automotive sector and renewable energy," Seguro Sanches said.
In Mina do Barroso, Savannah Resources plans to produce a concentrate of lithium-rich ore for export.
The Lusorecursos project in Montalegre is more ambitious since it intends to build a plant capable of transforming this mineral before selling it to the battery industry.