Sovereign Metals Ltd is focused on the exploration and development of its flagship Kasiya rutile-graphite project in Malawi along with its strategic investor, Rio Tinto.
Kasiya is the largest known rutile (titanium) deposit and the second-largest flake graphite resource globally.
Rio Tinto invested A$40.4 million in July 2023 for an initial 15% to advance the Kasiya definitive feasibility study (DFS)