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An update from Sovereign Metals Limited ( (AU:SVM) ) is now available.
Sovereign Metals Limited has completed an Optimised Pre-feasibility Study (OPFS) for its Kasiya Rutile-Graphite Project with the input of a joint technical committee with Rio Tinto. The OPFS reaffirms Kasiya’s potential as a significant, long-life, low-cost producer of critical minerals, with impressive financial projections including a total revenue of $16.4 billion and a pre-tax NPV of $2.3 billion. The study highlights the project’s operational flexibility and positive environmental and social outcomes, suggesting a strong position for Sovereign Metals in the global minerals market.
More about Sovereign Metals Limited
Sovereign Metals Limited is a mining company focused on the development of strategic critical minerals, specifically rutile and graphite. It operates the Kasiya project, which aims to be a leading global supplier of these minerals outside of China.
YTD Price Performance: 2.03%
Average Trading Volume: 442,386
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$452.9M
Find detailed analytics on SVM stock on TipRanks’ Stock Analysis page.
