Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSovereign Metals Media (SVML)

Sovereign Metals: Sustainable Farming on Track

Sustainable Farming on Track

Share Price Information for Sovereign Metals (SVML)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 24.00
Bid: 23.00
Ask: 25.00
Change: 0.00 (0.00%)
Spread: 2.00 (8.696%)
Open: 24.00
High: 24.00
Low: 24.00
Prev. Close: 24.00
SVML Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sovereign Metals Sapan Ghai highlights a rutile supply crisis and sets sights on mid-2024 Kasiya DFS

Sovereign Metals (AIM:SVML, ASX: SVM) is focused on developing a Tier-One long life dual titanium dioxide and graphite project in Malawi, South East Africa.

Sapan Ghai, Chief Commercial Officer presented and took investor questions at our focusIR/London South East Investor Relations webinar, our first live event of the year.

In September 2023 Sovereign published a Pre-Feasibility Study which confirmed Kasiya’s potential to be one of the world’s largest and lowest cost producers of both rutile (titanium dioxide) and flake graphite.

In mid 2024 the company plan to release a DFS or Definitive Feasibility Study outlining the hugely positive economics of the 25 year mine life project.

Mining Major Rio Tinto (RIO), the world’s largest producer of titanium slag, partnered with Sovereign last year, paying $40M Australian dollars for a 15% stake in the company.

Rio Tinto sit on the technical committee, providing technical advice on how to deliver the most appropriate DFS for Kasiya.

Titanium dioxide has many industrial uses including aerospace and paint, and graphite is the largest single component of electric car batteries.

The share price is currently around 23.05p and the market cap is £132m.

Related Sovereign Metals Media

Sovereign Metals: Sustainable Farming on Track

Sovereign Metals: Performance Rights

Sovereign Metals: Follow-Up Drilling

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.