Savannah Resources is trading 5.7% up at £5.37 as the stock rebounds from recent sector-driven weakness and gains momentum from progress at its flagship Barroso Lithium Project in Portugal.
- Investors appear to be buying back into the materials sector following a sharp decline in late July and early August that pressured broader mining names.
- The company is currently progressing toward the completion of its Definitive Feasibility Study and restarting fieldwork on the Barroso site, which is described as Europe’s largest spodumene lithium deposit.