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Edge11 Sep 2026
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Savannah Resources
Savannah Resources (SAV) investor relations material
Savannah Resources H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary18 Sep, 2026
Executive summary
Completed Phase 1 Definitive Feasibility Study (DFS) for a 14-year lithium project with robust economics and environmental standards.
Secured a non-reimbursable Portuguese State grant of up to €110m, reducing initial capex by 23%.
Achieved maiden JORC Probable Ore Reserve of 20.0Mt at 0.99% Li₂O and updated Mineral Resource of 39.2Mt at 1.05% Li₂O.
Signed ten MoUs with local and regional stakeholders, advancing land access and community engagement.
Progressed environmental licensing, land acquisition, and project finance discussions.
Financial highlights
Ended H1 2026 with GBP 17.1m in cash (GBP 12.2m available for development), up from GBP 11.9m YoY.
Losses from continued operations increased 34% YoY to GBP 2.0m due to higher admin expenses and lower FX gains.
Intangible assets grew 5% to GBP 32.3m; total assets at GBP 54.4m.
No revenue generated; operations remain pre-production.
Outlook and guidance
Targeting conditional project finance and a second offtake agreement by end-2026.
Final Investment Decision (FID) expected in early 2027; construction to start later in 2027, first concentrate by late 2028.
Key technical priorities: complete fieldwork, advance FEED, submit RECAPE, secure bypass road DIA.
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Latest events from Savannah Resources
- DFS confirms a 14-year, low-cost lithium project with strong economics, ESG, and expansion upside.SAV
Investor update - Europe's largest lithium project targets 2028 production, offering major growth and value upside.SAVCorporate presentation
- Resource growth, grant funding, and strong market support drive progress toward 2028 production.SAVStatus update
- Barroso Lithium Project secured €110m grant, expanded resources, and targets 2028 production.SAVH2 2025
- AMG partnership and record cash position drive Barroso Lithium Project toward 2027 production.SAVH1 2024
- Resource upgraded 40%, DFS delayed to 2026, cash boosted by £4.78m fundraise.SAVH1 2025
- Barroso Lithium Project advanced with new partnership, strong cash, and EU 'Strategic Project' status.SAVH2 2024
Next Savannah Resources earnings date
Status update7 Oct, 2026
Savannah Resources
Next Savannah Resources earnings date
Status update7 Oct, 2026
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