Sovereign Metals Limited (AU:SVM) has released an update.
Sovereign Metals Limited is set to enhance its graphite processing capabilities by installing a new industrial scale spiral concentrator at its laboratory in Lilongwe, Malawi, aiming to boost the production of graphite for lithium-ion batteries. The company, steered by the expertise of Dr. Surinder Ghag and Mr. Paul Marcos, is progressing rapidly towards commercializing graphite from its Kasiya Rutile-Graphite Project. This advancement is expected to position Sovereign as a leading, cost-efficient producer of both rutile for the titanium industry and flake graphite for the battery market.
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