Lithium Ionic has announced that it has received preliminary approval for a $266 million loan guarantee from the Export-Import Bank of the United States (EXIM) to support the development of its flagship Bandeira lithium project in Minas Gerais, Brazil. The funding will cover 100% of the project’s initial capital cost, as outlined in a feasibility...
READ MOREResearchers have developed a solar-powered device capable of extracting lithium from brines while reducing greenhouse gas emissions, offering a potential alternative for more sustainable lithium production—an essential resource for rechargeable batteries. The floating device, created by a team led by Baoxia Mi from the University of California, Berkeley, and Jia Zhu from Nanjing University, takes...
READ MORESavannah’s partners in the Boticas lithium project, located in the Vila Real district, have set their sights on Portugal as a potential site for a new lithium refinery. AMG, the German company, recently opened a refinery in Germany, but its CEO has hinted at the possibility of establishing another refinery in Portugal. “Portugal has the...
READ MOREPaulo Pires, a 50-year-old shepherd, enjoys spending his time in the meadows around Covas do Barroso in northern Portugal. Accompanied by his nine-year-old son Gonçalo, Pires tends to his flock of 190 sheep while enjoying the serene landscape of pastures, forests, and the sparsely populated hills. However, this tranquil way of life is under threat,...
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