02
Dec
12:08
LITHIUM: Savannah leaves Mozambique assets to concentrate on Barroso
UK-based Savannah Resources is divesting its mineral sands assets in Mozambique to fully focus on its Mina do Barroso lithium project in Portugal, Kallanish reports.
As part of a strategic asset review, the company says it reached an “amicable” deal with Rio Tinto to cancel the unincorporated joint venture. Under the transaction, Rio Tinto will now fully control the heavy mineral sands Mutamba project and pay Savannah a cash termination compensation o…
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Very good overview of the weekly steel market.
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