CAPITAL MARKETS

Savannah adds Frankfurt listing

Lithium developer says another German listing will help it fund the Mina do Barroso project

Staff reporter

This article is 6 years old. Images might not display.

Savannah is already listed on the Börse Stuttgart in Germany.

CEO David Archer said the larger Frankfurt crowd should back the company's lithium project in Portugal. 

"Europe and particularly Germany, is a major consumer of lithium and demand fundamentals going forward remain strong," he said.

"With Mina do Barroso being the largest spodumene lithium discovery in Western Europe we anticipate greater demand for Savannah's shares and this secondary listing will help facilitate investment by European investors in the company."

Savannah is currently working on a feasibility study for Mina do Barroso. 

The company also has a copper project in Oman, mineral sands in Mozambique and two more lithium plays in Finland. 

Its largest shareholders are currently Omani; the Al Marjan trust has 24% and Husain Salman Ghulam Al-Lawati holds 4.88% of the company. 

Its largest individual European shareholder is Swedish businessman Karl-Erik von Bahr. 

Savannah's shares have been admitted for listing in Frankfurt under the symbol AFM. 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.