How do they justify nearly 500% SP increase23 Oct 2025 14:53
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Savannah Resources* (SAV LN) 4.15p, Mkt Cap £96m – Management partakes in Japanese trade delegation BUY – 20.4p
Savannah, who are developing the Barroso lithium project in Portugal, recently participated in trade delegations to Japan. • The delegations were organised by the European Commission and Portuguese State Entities. • Management met with the Japanese Prime Minister alongside various Japanese officials and relevant businesses. • The Company highlights Japan’s significant role in the global lithium battery supply chain, and considers them ‘potential customers, investors and partners’ for European players such as Savannah. • Two MoUs were signed between European and Japanese private sectors for battery and other strategic technologies. Conclusion: Savannah’s role in the recent trade delegation to Japan highlights its central role in Europe’s battery supply chain future. Savannah's CEO, Emanuel Proença was invited by Portugal’s trade and investment agency. Barroso is the largest spodumene resource in Europe and is expected to take a pivotal role in the future of European EV manufacturing. *SP Angel acts as Nomad and Broker to Savannah Resources