#SVML Sovereign Metals LTD – Sovereign Completes A$40 Million Placement
SOVEREIGN COMPLETES A$40 MILLION PLACEMENT Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX: SVMLF) (Sovereign or the Company) is pleased to announce that it has received firm commitments for a placement of 47,058,824 new fully paid ordinary shares at an issue price of A$0.85 per share (New Shares) to raise gross proceeds of A$40,000,000 before costs (Placement). […]
#SVML Sovereign Metals LTD – Half-year Report
INTERIM FINANCIAL REPORT FOR THE HALF YEAR ENDED 31 DECEMBER 2024 abn 71 120 833 427 ASX: SVM; aim:SVML; OTCQX: SVMlf CORPORATE DIRECTORY Directors Mr Benjamin Stoikovich Chairman Mr Frank Eagar Managing Director and CEO Mr Ian Middlemas Non-Executive Director Dr Julian Stephens Non-Executive Director Mr Mark Pearce Non-Executive Director Mr Nigel Jones […]
Sovereign Metals #SVML #SVM – Kasiya – Optimised PFS Results
Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX: SVMLF) (Sovereign or the Company) is pleased to announce the results of an Optimised Pre-feasibility Study (OPFS) for its Kasiya RutileGraphite Project (Kasiya or the Project) undertaken following a strategic investment by Rio Tinto Mining and Exploration Limited (Rio Tinto) in 2023, which established a joint Technical Committee to […]
Sovereign Metals #SVML – Mining Trials Conclude Successfully
Sovereign Metals Limited (ASX:SVM, AIM:SVML, OTCQX:SVMLF) (Sovereign or the Company) is pleased to announce that it has successfully completed the mining trials stage of its Pilot Mining and Land Rehabilitation Program (Pilot Phase) at the Kasiya Rutile-Graphite Project in Malawi (Kasiya). Highlights: · Test mining at Kasiya has successfully concluded following completion of hydraulic and […]
#SVML Sovereign Metals LTD – Trading on OTCQX Market
· Sovereign upgrades to the OTCQX Market, the top tier of the OTC Markets, providing access to a broader eligible U.S. investor base · OTCQX quotation follows increased U.S. investor and strategic interest in Sovereign and its Kasiya Rutile-Graphite Project in Malawi · Kasiya has the potential to be the world’s largest, lowest-cost producer of […]
The Times – Rio Tinto digs deep for African mine, exercising another £9.7m in investment options in Sovereign Metals
Sovereign Metals #SVML featured by Emma Powell in The Times Rio Tinto digs deep for African mine, exercising another £9.7m in investment options in Sovereign Metals. Rio has the option to become the operator of the #Kasiya project on arm’s length terms & to gain marketing rights to 40% of products
#SVML Sovereign Metals LTD – Downstream Testwork Shows High Quality Graphite
DOWNSTREAM TESTWORK DEMONSTRATES HIGH QUALITY GRAPHITE FOR LITHIUM-ION BATTERIES · Spherical Purified Graphite (SPG) with world-leading specifications successfully produced from Kasiya · Kasiya’s spherical graphite purification demonstrated exceptionally low levels of residual impurities achieving a 99.99% loss-on-ignition (LOI) · Kasiya SPG demonstrated all required parameters within industry standards with spheronisation yields of up to 68% with […]
#SVML Sovereign Metals Ltd – Testwork Delivers Superior Quality Graphite
Graphite circuit feed prepared at Sovereign’s existing Lilongwe laboratory facility has produced high quality concentrates in benchtop and pilot-scale flotation and cleaning · Four independent laboratories all successfully produced high-grade graphite concentrate averaging over 97% Total Graphite Content (TGC) with flotation recoveries exceeding 90% · Flotation results demonstrated 1.44% TGC run-of-mine Kasiya ore upgrades […]
#SVML Sovereign Metals LTD – Increased Graphite Bulk Sample Capacity
Industrial scale spiral concentrator to be installed at Sovereign’s expanded laboratory and testing facility in Lilongwe in coming weeks · Spiral throughput capacity of up to 10 tonnes per hour of ore for graphite and rutile sample preparation · Installation and commissioning led by Sovereign’s Head of Project Development, Mr Paul Marcos, who previously worked for […]
#SVML Sovereign Metals LTD – Follow-Up Drilling Initiated North of Kasiya
FOLLOW-UP DRILLING INITIATED NORTH OF KASIYA RESOURCE AREA · Wide-spaced regional follow-up drilling for the Kasiya Project underway focusing on the region to the north of the current resource footprint, with results from the drill program expected in the coming weeks · Recently reported reconnaissance drilling to the south identified an 8km extension of mineralisation […]