SAV.L is trading 6.6% up at $6.50 after Savannah Resources announced it secured a second temporary land access agreement for the Barroso Lithium Project in Portugal.
- The company highlighted the approval as a critical step toward production, noting strong government support for advancing the development of Europe’s largest spodumene lithium deposit.
- Management reiterated that the project remains on a clear path toward development, reinforcing its strategic importance to the regional battery supply chain.
- The gains come amid a broader positive tone in global markets, with major U.S. indices and futures trading higher.