Bulk Sampling Capacity Increase
- Industrial scale “spiral concentrator” at the laboratory and testing facility in Lilongwe:
- Industrial-scale MG12 equipment
- Throughput capacity up to 10 tonnes / hour for sample preparation
- Installation to commence in the coming weeks
Lab Testing at Peterson & Cooke
- The Spiral concentrator in final stages of testing at Paterson & Cooks’ Lab in Cape Town
- P&C is a global leader in mining systems, tailings and waste handling
- Following successful testing it will be dispatched to Lilongwe, Malawi
Key Personnel
- Head of Project Development, Mr Paul Marcos, has led the spiral installation project
- Chief Technology Officer - Graphite, Dr Surinder Ghag, will be responsible for graphite test work programs and product qualification
Market Intelligence
- Commercialising the World’s largest rutile resource
- PFS post tax NPV8 of $1.6Bn
- Rio Tinto Strategic investor at 15%
- Cash & Equiv. of $39.4m (1H24)
- Technical committee comprises 3 SVML employees and 3 Rio Tinto employees
Sovereign Metals (SVML)