- Sovereign Metals (SVM) has released positive metallurgical results for its Kasiya Rutile Project in Malawi
- SVM has produced products ranging from 95 to 97.5 per cent titanium dioxide with low impurities and stand-out metallurgical recoveries ranging from 94 to 100 per cent
- In addition, the results included a high-grade by-product of flaked graphite at 60 per cent +150µm
- A scoping study is underway to target natural rutile operation to fill part of the major existing supply deficit with good quality and most environmentally sustainable titanium
- Sovereign Metals shares increased by 4.81 per cent on market close and were trading at 54.5 cents per share
Sovereign Metals (SVM) has released positive metallurgical results for its Kasiya Rutile Project in Malawi.
According to world-class specifications, SVM has produced products ranging from 95 to 97.5 per cent titanium dioxide with low impurities and stand-out metallurgical recoveries ranging from 94 to 100 per cent.
The company said premium grade rutile was produced through a simple and conventional process flow sheet.
In addition, the results included a high-grade by-product of flaked graphite at 60 per cent +150µm.
Metallurgical testing was conducted in Western Australia where 1.6 tonne mineralised sample was produced by combining rutile from multiple holes.
Looking ahead, Sovereign has planned for a scoping study for Kasiya to target the natural rutile operation to fill part of the major existing supply deficit with good quality and most environmentally sustainable titanium feedstock.
“Consistently achieving premium rutile specifications with stand-out recoveries via conventional ‘off the shelf’ processing methods reinforces the robustness of metallurgical and processing performance of the Kasiya rutile mineralisation ahead of the upcoming scoping study,” Managing Director Dr Julian Stephens said.
“These continued very high-quality product specifications should generate further interest from end-users across the titanium sector as the global structural deficit in natural rutile supply continues to widen”.
Sovereign Metals shares increased by 4.81 per cent on market close and were trading at 54.5 cents per share.