Savannah Resources delays start of Portuguese lithium production to 2027
Savannah said it now expects to deliver its definitive feasibility study in the second half of 2025.
Savannah said it now expects to deliver its definitive feasibility study in the second half of 2025.
The miner achieved a premium price for the spot sale of uncontracted production from the project.
The Japanese government agency can earn up to 51% of the company's Roe Hills tenure in Western Australia.
The Santiago-based firm is offering a minority stake in its recently formed international lithium division.
The company began operating its DLE system on September 17, 2024, and is currently optimizing its field unit.
Weather impacts could lead to a potential delay in first production by a few weeks to early Q1 2025.
In October, the government will begin consulting indigenous communities near the areas.
The two countries are discussing the development of the first lithium production in Mali.
IBAT's move comes amid a more than 80% drop in lithium prices in the past year.
With a production of 58,000 tonnes of lithium carbonate per year, Jadar could supply enough lithium to meet 90% of Europe’s current needs.