Company
Sovereign Metals Ltd
ASX:SVM
Sovereign Metals Ltd is focused on developing its Kasiya Rutile-Graphite Project in Malawi to become a leading global supplier to the titanium and graphite industries. Kasiya is the world’s largest natural rutile deposit – the purest, highest-grade naturally occurring titanium feedstock – and the world’s second-largest flake graphite deposit – a battery mineral essential for the energy transition.
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Sovereign Metals inks rutile offtake deal with Chemours
The agreement could see Sovereign send off 20,000 tonnes of natural rutile per annum to one of the world’s largest producers of high-quality titanium dioxide pigments.
Sovereign Metals fields strong rutile results that confirm open pit expansion potential at Kasiya
The company’s targeted deep aircore program has extend substantial zones of high-grade rutile mineralisation to depth beneath the initial planned open pit shells at the world’s largest rutile deposit.
Sovereign Metals identifies high-grade rutile at depth in aircore drilling at Kasiya Project
“Kasiya continues to grow and will likely become a multi-generational project capable of supplying a reliable and sustainable source of high-purity titanium as natural rutile," said Sovereign managing director Dr Julian Stephens.
Sovereign Metals enters rutile offtake and marketing alliance with major Japanese trading house
The alliance will allow the company to leverage Mitsui & Co’s extensive network and market-leading understanding of the titanium industry and global logistics.
Sovereign Metals fields “exceptional” expanded scoping study; confirms Kasiya as industry-leading rutile source
“The Expanded Scoping Study demonstrates Kasiya is a tier-one minerals project being the largest natural rutile resource and one of the largest graphite resources in the world,” managing director Dr Julian Stephens said.
Sovereign Metals’ Kasiya flake graphite production cost predicted to be among lowest in the global market
“Importantly, the very low graphite production costs at Kasiya should allow Sovereign to compete aggressively on price point across global graphite markets," says MD Dr Julian Stephens.
Sovereign Metals starts PFS drilling program at its Kasiya Rutile Project
The updated MRE positions Kasiya as the largest rutile deposit in the world with more than double the contained rutile of its nearest rutile peer, Sierra Rutile.