Sovereign Metals Ltd
Sovereign Metals sets focus on becoming largest producer of both rutile and graphite (ex-China)
Sovereign Metals has announced that adding rare earth recovery to its Kasiya Rutile-Graphite Project in Malawi could generate an incremental US$722 million pre-tax NPV. The scoping study estimates a 151% pre-tax IRR and a payback period of approximately 1.5 years for the proposed circuit.