Portuguese businessman Mário Ferreira, owner of the group that owns TVI, increased his shareholding in Savannah Resources, a company that wants to explore lithium in the Barroso mine, in Boticas.
Mário Ferreira consolidated his position as third largest shareholder of the company and how the largest individuallyaccording to a community published by Savannah and cited by the Lusa agency.
The project owner Barroso Lithiumin the municipality of Boticas, district of Vila Real, predicts .
Mário Ferreira is president of the Mystic Invest group/ which operates in the cruise sector, and is the owner of Pluris Investments, the largest shareholder of
The businessman explains the investment in the lithium mine with his intention to contribute to a “increasingly sustainable economyon all its fronts”, making a “commitment to the environment and society” through Savannah Resources.
Savannah Resources is an Australian mineral resource development company and is the sole owner of the Barroso lithium project, where it has focused its work for the last seven years.
Mining exploration is, however, contested by mayors and popular who joined the association Unidos em Defesa de Covas do Barroso (UDCB).
“Savannah is increasingly Portuguese“
The company’s statement highlights “the growing support” of Mário Ferreira and “of more and more Portuguese shareholders“. This “constant growth in Portuguese participation in Savannah throughout this year reinforces our sense of responsibility”, points out the executive president (CEO) of Savannah Resources, Emanuel Proença, cited in the statement.
“We know that they are all placing their trust in us to participate in the future success of the company, and with it in building a sector in which Portugal will be decisive to build a more competitive, technological and sustainable Europe”, adds Emanuel Proença.
Savannah reveals that she already has over 25 different investors with whom you have direct contact, in addition to other retail investors.
Emanuel Proença also notes that “Savannah is increasingly Portuguese on the ground as well, and its contribution to the economy and also to European energy transition efforts is increasingly clear”.