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Sovereign Metals Ltd

SVMA:DEU

Sovereign Metals Ltd

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  • Price (EUR)0.338
  • Today's Change0.018 / 5.63%
  • Shares traded66.50k
  • 1 Year change+27.55%
  • Beta--
Data delayed at least 15 minutes, as of May 16 2024.
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About the company

Sovereign Metals Limited is an Australia-based company focused on the development of its Kasiya rutile project (Kasiya) in Malawi. Kasiya, located in central Malawi, is the natural rutile deposit and the flake graphite deposits in the world. The Company focuses on its flagship Kasiya Project while retaining exposure to graphite through the Kasiya co-product. It focuses on developing a sustainable operation to supply natural rutile and graphite to global markets. Kasiya’s Mineral Resource Estimate (MRE) is 1.8Bt at 1.01% rutile resulting in over18 Mt tons of contained natural rutile. The MRE has broad zones of very high-grade rutile, which occur contiguously across a very large area of over 180 square kilometers. Kasiya’s graphite by-product Mineral Resource Estimate (MRE) is 1.8 Bt at 1.32% graphite, containing over 23 Mt of graphite. Malawi & Infrastructure is a rutile province located in Malawi.

  • Revenue in AUD (TTM)1.07m
  • Net income in AUD-4.31m
  • Incorporated2006
  • Employees5.00
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