Sovereign managing director Dr Julian Stephens said: “It is a really remarkable achievement by our team to have made the largest natural rutile discovery ever in just two years since initial identification.
We spoke to Sapan Ghai, Chief Commercial Officer who is based in London to get his reaction to the news update, here are a few of the questions we asked.
1. Can you just run us through the highlights of today’s RNS?
2. This is a timely discovery given the current supply/demand fundamentals of rutile isn’t it?
3. What’s the plan with the graphite?
4. What can listeners look forward to next?
2. This is a timely discovery given the current supply/demand fundamentals of rutile isn’t it?
3. What’s the plan with the graphite?
4. What can listeners look forward to next?
Sovereign Metals Ltd, (ASX:SVM, AIM:SVML) declared a new record after delivering an updated mineral resource estimate (MRE) of 1.8 billion tonnes. This confirms that the Kasiya Rutile Deposit in Malawi is both the largest rutile deposit ever discovered and the second-largest flake-graphite deposit.
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