Barroso Lithium Project
Sector: Electric Vehicles (EVs) • Location: Portugal
Source: TipRanks
The Barroso Lithium Project in northern Portugal is being developed by Savannah Resources to supply locally sourced lithium for Europe’s battery value chain. The project aims to produce around 190,000 tonnes per year of spodumene concentrate, sufficient for approximately 500,000 electric vehicle battery packs annually. It is classified as a Strategic Project under the EU Critical Raw Materials Act
- Status
- Prospective
- Sector
- Electric Vehicles (EVs), Energy Storage, Automotive
- Location
- Portugal
- Updated
- 22 Jul 2026
- Source
- TipRanks
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Barroso Lithium Project in northern Portugal is being developed by Savannah Resources to supply locally sourced lithium for Europe’s battery value chain. The project aims to produce around 190,000 tonnes per year of spodumene concentrate, sufficient for approximately 500,000 electric vehicle battery packs annually. It is classified as a Strategic Project under the EU Critical Raw Materials Act and has secured a Portuguese state grant of up to €110 million. The company is advancing feasibility studies, infrastructure, and environmental compliance, targeting construction in 2027 and first production in 2028, subject to financing, permits, and partnerships. |
Original sector | Mining |
Budget |
Location
Country | Portugal |
Source
Source | TipRanks |
URL |
More Details
Record type | Project |
Sector | Electric Vehicles (EVs), Energy Storage, Automotive |
Article published date | 2026-05-24 |
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