Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX: SVMLF) has gathered more evidence supporting the economics of its Kasiya project as a globally strategic future supplier of two critical minerals titanium and graphite.
Chief Commercial Officer (CCO), Sapan Ghai discusses milestones achieved and the pathway to mine construction in Malawi.
In this interview, investors will learn:
- Why the company believes it can deliver US$400 million gross profit a year for at least a quarter of a century
- What data is outstanding for the completion of the Definitive Feasibility Study
- How the company’s dry mining model allows for more selective production outcomes
- Who Sovereign is speaking to as it approaches its final investment decision with construction timetabled for 2026
- Why selling graphite into refractory markets is more lucrative than the anode market for lithium-ion batteries.
Reasons to add SVML to your Watchlist:
- Sovereign Metals is commercialising the World’s largest rutile resource & World's leading flake Graphite discovery
- Rutile is the highest purity titanium mineral and is extremely rare with diminishing supply
- Graphite demand is increasing rapidly and used in Batteries and EVs
- Kasiya in Malawi is known as “the warm heart of Africa” with significant potential to develop its mining sector
- Sovereign has Significant support from the Malawi Government
- Positive PFS; with NPV8 of US$1.6bn and EBITDA of US$415m per year
- Kasiya has an initial 25-year life of mine with a potential to extend this by decades
Major shareholder Rio Tinto has invested A$60 million for 19.9% of Sovereign. Rio is the global leader in titanium dioxide with 14 % of the market.
1H25 Results (Dec24):
Net Operating Loss: A$19.5 million (1H24: A$7.0 million)
Cash & Equiv. of A$33.5 million (FY24: A$31.6 million)
The Definitive Feasibility Study is targeted for completion in Q4 2025
Sovereign’s objective is to develop a large-scale, long-life rutile-graphite operation, focusing on developing an environmentally and socially responsible, sustainable operation.
Sapan Ghai, Chief Commercial Officer of Sovereign Metals ltd, was interviewed by Sarah Lowther for focusIR.
