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Portugal

Savannah eyes batteries market in bid for Portugal mine ownership

Thu, 04/18/2019 - 10:22 -- John Shepherd
Savannah CEO David Archer

Commodities developer Savannah Resources has said it will become the sole owner of Portugal’s Mina do Barroso lithium project in Portugal through an all-share offer valued at around US$11.9 million.

The UK-based developer, which already owns 75% of the project, said full ownership would “provide greater exposure of Europe’s most significant spodumene lithium deposit” as it’s developed and commercialised.

Savannah’s CEO David Archer (pictured) said the move was being made at a time when “legislators and battery end users in the region have come to appreciate the need for Europe to have domestic sources of battery raw materials as the region seeks to reduce emissions from the transport sector via the transition to electric vehicles (EVs)”.

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Exide invests in VRLA storage plus solar at Portugal plant

Fri, 04/12/2019 - 10:14 -- Hugh Finzel

US battery manufacturer Exide Technologies is investing in a solar power facility coupled with VRLA battery storage at its production plant in Castanheira do Ribatejo in Portugal.

Another solar facility will be installed at Exide’s recycling plant in Azambuja, Portugal.

The solar-plus-storage system will pair 500kWh worth of Sonnenschein A600 VRLA from GNB— a division of Exide Technologies— with solar. The two sites will have a combined total of around 10,000 solar photovoltaic panels, with a total generating capacity of 3.8MWp. The company said this was equivalent to the power requirements of more than 2,000 homes.

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Portugal looks to lithium

Mon, 10/01/2018 - 00:00 -- John Shepherd
Jorge Seguro Sanches

Portugal is set to offer licences for the exploration of lithium in the country in a bid to grab a share of the lucrative battery materials supply market for electric vehicles.

Energy secretary Jorge Seguro Sanches said in an interview with Reuters the country would launch a call for tenders for the licences “by the end of the year”.

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