REG - Savannah Resources - Participation in trade delegations to Japan

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RNS Number : 4766E  Savannah Resources PLC  23 October 2025

 

 

23 October 2025

 

Savannah Resources Plc

(AIM: SAV) ('Savannah', or the 'Company')

 

Participation in trade delegations to Japan

Savannah participates in recent delegations organised by the European
Commission and Portugal

 

Savannah Resources Plc, the developer of the Barroso Lithium Project in
Portugal, a 'Strategic Project' under the European Critical Raw Materials Act
and Europe's largest spodumene lithium deposit (the 'Project'), is pleased to
report its recent participation in trade delegations to Japan, organised by
the European Commission and Portuguese State Entities.

 

In September, Savannah was invited by the Cabinet of Mr Stéphane Séjourné,
European Commission Executive Vice-President for Prosperity and Industrial
Strategy, to participate in a high-level EU business mission to Japan.
Savannah's Deputy Chair, Diogo da Silveira, attended. During a very productive
visit, which included a meeting with the Japanese Prime Minister, two
Memoranda of Understanding were signed between the European and Japanese
private sectors on batteries and other strategic technologies and a
'matchmaking' session was held between European and Japanese business leaders.

 

This mission coincided with specific acknowledgment by the European Commission
President, Ursula Von der Leyen, on the importance of accelerating progress in
lithium projects in Portugal during her speech at the 'One Year After the
Draghi Report Conference' in Luxembourg. This followed, in turn, from the
specific reference to lithium in Portugal made by Professor Draghi in his
Report 1  (#_ftn1) , published in September 2024, as an example of how Europe
could help to meet its own needs for some critical materials.

 

In parallel with European efforts to build its relationship with Japan in new
industrial areas, Portugal also has been independently reinforcing its ties
with Japan to generate greater cross-border investment. Following talks in
Japan between the Prime Ministers of the respective countries in September,
Savannah's CEO, Emanuel Proença was asked to be part of a Portuguese trade
delegation led by AICEP, Portugal's trade and investment agency, which visited
Japan earlier in October.

 

During the visit the delegates had group and individual meetings with various
Japanese officials and relevant businesses. Given the significance of Japan's
role in the lithium battery and vehicle manufacturing industries, Japanese
companies are significant players in these markets and represent potential
customers, investors and partners for Europe's emerging lithium battery value
chain players, such as Savannah.

 

 

Savannah's Deputy Chair, Diogo da Silveira (front row, 2nd from left) pictured
with Stéphane Séjourné, European Commission Executive Vice-President for
Prosperity and Industrial Strategy (front row, centre), (former) Japanese
Prime Minister, Shigeru Ishiba, (front row, 5(th) from right) and Minister of
Economy, Trade and Industry, Mr. Yoji Muto (front row, 4(th) from right), and
other delegates during the September 2025 EU business mission to Japan.

 

Commenting on the visit, Savannah's CEO, Emanuel Proença' said, "Savannah was
humbled to be invited on these two important trade delegations to Japan.
Savannah's inclusion underlines the importance of the Barroso Lithium Project
to Portugal's and Europe's ambitions in the critical raw material production
sector.

 

"Japanese companies are major players in the global battery and auto
industries and some have also been important investors and partners in the
development of battery raw material projects in other countries. Hence, we
were very pleased to have these opportunities to meet with representatives of
some of these companies in person during these government-backed events and
discuss opportunities to collaborate and accelerate the battery value chain in
both economic blocks.

 

"We thank the European Commission and the Portuguese Foreign Investment Agency
for Savannah's inclusion in these important trade missions and now look
forward to developing our relationships with our Japanese counterparties."

 

Members of the Portuguese trade delegation to Japan including Savannah's CEO,
Emanuel Proença (4th from right) with their hosts, October 2025.

 

Savannah - Enabling Europe's energy transition.

 

**ENDS**

Follow @SavannahRes on X (Formerly known as Twitter)

Follow Savannah Resources on LinkedIn

 

For further information please visit www.savannahresources
(http://www.savannahresources) .com or contact:

 

 Savannah Resources PLC                                            Tel: +44 20 7117 2489

 Emanuel Proença, CEO
 SP Angel Corporate Finance LLP (Nominated Advisor & Broker)       Tel: +44 20 3470 0470

 David Hignell/ Charlie Bouverat (Corporate Finance)

 Grant Barker/Abigail Wayne (Sales & Broking)

 Canaccord Genuity Limited (Joint Broker)                          Tel: +44 20 7523 8000

 James Asensio / Charlie Hammond (Corporate Broking)

 Ben Knott (Sales)
 Media Relations

 Savannah Resources: Antonio Neves Costa, Communications Manager   Tel: +351 962 678 912

 

About Savannah

Savannah Resources is a mineral resource development company and the sole
owner of the Barroso Lithium Project (the 'Project') in northern Portugal. The
Project is the largest battery grade spodumene lithium resource outlined to
date in Europe and was classified as a 'Strategic Project' by the European
Commission under the Critical Raw Materials Act in March 2025.

 

Through the Project, Savannah will help Portugal to play an important role in
providing a long-term, locally sourced, lithium raw material supply for
Europe's lithium battery value chain. Once in operation the Project will
produce enough lithium (contained in c.190,000tpa of spodumene concentrate)
for approximately half a million vehicle battery packs per year and hence make
a significant contribution towards the European Commission's Critical Raw
Material Act goal of a minimum 10% of European demand being met by endogenous
lithium production from 2030.

 

Savannah is focused on the responsible development and operation of the
Barroso Lithium Project so that its impact on the environment is minimised and
the socio-economic benefits that it can bring to all its stakeholders are
maximised.

 

The Company is listed and regulated on the London Stock Exchange's Alternative
Investment Market (AIM) and trades under the ticker "SAV".

 

 1  (#_ftnref1) The future of European competitiveness, September 2024
(https://commission.europa.eu/document/download/ec1409c1-d4b4-4882-8bdd-3519f86bbb92_en?filename=The%20future%20of%20European%20competitiveness_%20In-depth%20analysis%20and%20recommendations_0.pdf)

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