The recent decline in the underlying prices of various lithium raw materials, including spodumene, lithium hydroxide and lithium carbonate, is not worrying London-listed Savannah Resources chairperson Matthew King too much.
In fact, if projections by commentators, such as Roskill, of a market deficit and price recovery in 2020 prove to be correct, Savannah’s Mina do Barroso project, in Portugal, will come on line at an “ideal time”, King said in a letter to shareholders on Thursday.