Savannah Resources completes next permitting stage for Portuguese lithium project

AIM-listed Savannah Resources has announced further progress towards gaining environmental approval for its Mina do Barroso hard rock lithium project in Portugal.

The firm said on Thursday that it had submitted further and revised information to the country’s regulatory authority as part of the next stage in the environmental impact assessment (EIS) process.

Additional documents were provided following a request from Portugal’s environmental watchdog, Agência Portuguesa do Ambiente (APA). The company added that the move will underline its commitment to developing the mine in a ‘low impact, responsible and sustainable’ manner.

Savannah expects to receive a ‘declaration of the conformity’ from APA for the EIA in the next 20 working days, followed by a period of public consultation that will commence in early 2021.

Results from the public consultation and feedback from the evaluation committee review would then form the basis for the committee’s ‘final technical statement’. This document would allow APA to press forward with an environmental impact declaration, completing the pre-phase stage.

The second stage of the application process is expected to take 60 working days, and subject to receipt of approval from the APA, would result in the project receiving its environmental title.

Mina do Barroso is estimated to contain 20 million tonnes of lithium with over 200,000 tonnes contained Li20, and Savannah believes that it will become Europe’s first significant spodumene producer.

@RGNonline