TIDMSAV
Savannah Resources PLC
05 October 2021
5 October 2021
Savannah Resources Plc
(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or the
'Company')
Savannah joins the newly formed International Lithium
Association
Savannah Resources plc, the European lithium development
company, is pleased to announce that it has become an Associate
member of the International Lithium Association ("ILiA"), the newly
formed global lithium industry trade organisation.
Mr Anand Sheth, Founding Chairman of ILiA, said: "We have
created a global lithium professional association for two strong
reasons: there wasn't one before and lithium is key to the current
global energy revolution as the world transitions towards 'net zero
carbon' which will bring unprecedented growth to the market but
also intense attention from media, government regulators, civil
society, end-user groups and other external stakeholders. The
Association will include Members from the entire supply chain: from
Resource to the end-users.
"Our vision is to become 'the voice of the lithium
industry'."
David Archer, CEO of Savannah said: "We are delighted to be
joining the International Lithium Association, which is set to
become a vital trade organisation for the many stakeholders in this
rapidly growing, global industry. As Anand has said, given
lithium's key role in the global energy transition, it is very
likely that the attention the lithium industry is already receiving
from governments, the media and civil society is going to increase
significantly. Hence, having a trade association with the voice of
the industry will be key to providing accurate market information
as well as a unifying and consistent message to external
stakeholders on how the industry is meeting the demands and
challenges placed upon it. ILiA will also have an important role in
bringing together the diverse membership of this industry to help
build bridges within the lithium supply chain and promote best
practice in areas such as ESG.
"Savannah looks forward to working with ILiA and its members,
with a particular focus on developing the lithium value chain in
Europe."
About the International Lithium Association
Against a background of exceptional growth in the lithium
market, the International Lithium Association ("ILiA"), a new
global, not-for-profit, trade association for the lithium industry
has been formed to represent the entire lithium value chain.
The five Founding members of ILiA are SQM, Ganfeng Lithium Co.,
Ltd, AMG Brazil S.A., Orocobre Ltd and Pilbara Minerals, who
between them account for well over half of global lithium
production. As a resource development company, Savannah has joined
as an Associate member.
ILiA's primary goals are to:
-- Be the voice of the lithium industry: To be the global trade
association for the lithium industry, representing members'
interests and addressing key technical and commercial challenges
efficiently and effectively
-- Promote ESG & Sustainability: To support the industry's
efforts to supply high quality lithium sustainably and responsibly,
and proactively promote a better understanding of ILiA members' ESG
credentials
-- Be a global authority on lithium: To be recognised as a
trusted source of knowledge on all aspects of the lithium industry
by regulators, governments, industry, civil society, media and the
public
-- strive to support its members' interests through:
o Protecting and growing the market for lithium in all its
forms
o Encouraging a competitive and appropriate legislative and
regulatory environment
o Promoting the reputation of the lithium industry as a sector
with deep expertise in stable supply, product stewardship,
responsible sourcing and sustainability
The new organisation will have its headquarters and secretariat
in London, UK, though its first Chairman, Anand Sheth, will
continue to be based in Perth in Western Australia. London was
chosen to host ILiA as its time-zone bridges the two key current
producing regions, Australia and South America, as well as being
home to world-class professional services and close to European
regulators.
Further information on ILiA can be found at www.lithium.org
**ENDS**
Follow @SavannahRes on Twitter
Follow Savannah Resources on LinkedIn
For further information please visit www.savannahresources.com
or contact:
Savannah Resources PLC Tel: +44 20 7117 2489
David Archer, CEO
SP Angel Corporate Finance LLP (Nominated Tel: +44 20 3470 0470
Advisor)
David Hignell / Charlie Bouverat
finnCap Ltd (Joint Broker) Tel: +44 20 7220 0500
Christopher Raggett/ Tim Redfern
WH Ireland Limited (Joint Broker) Tel: +44 20 7220 1666
Jessica Cave/ Ben Good (Corporate Finance)
Adam Pollock/ Jasper Berry (Corporate
Broking)
Camarco (Financial PR) Tel: +44 20 3757 4980
Nick Hennis / Gordon Poole
About Savannah
Savannah is a diversified resources group (AIM: SAV) with two
development stage projects, Mina do Barroso, a hardrock lithium
project in Portugal which has the largest spodumene lithium
resource in Europe, and the world-class Mutamba Heavy Mineral Sands
Project in Mozambique, which is being developed in a consortium
with the global major, Rio Tinto. The Board is committed to serving
the interests of its shareholders and to delivering outcomes that
will improve the lives of the communities we work with and our
staff.
The Company is listed and regulated on AIM and the Company's
ordinary shares are also available on the Quotation Board of the
Frankfurt Stock Exchange (FWB) under the symbol FWB: SAV, and the
Börse Stuttgart (SWB) under the ticker "SAV".
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END
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