ReferIndia News Savannah Resources Secures Major Grant for Controversial Portuguese Lithium Project

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Savannah Resources Secures Major Grant for Controversial Portuguese Lithium Project

Published on: Jan. 9, 2026, 7:49 p.m. | Source: Devdiscourse

Savannah Resources has been granted €110 million by the Portuguese government for its Barroso lithium project, marking official support despite local opposition. The deposit is Europe's largest, crucial for reducing reliance on Chinese imports. The funding aids Savannah's 2028 production target amidst heritage concerns.

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