Sovereign Metals Reports Strong DFS and Resource Growth for Kasiya Project
Sovereign Metals Ltd (ASX:SVM) released a definitive feasibility study (DFS) for its Kasiya rutile-graphite project in Malawi, highlighting a pre-tax NPV of $2.2 billion and projected annual EBITDA of $476 million. The DFS supports the project's potential as a major global producer of critical minerals, with a significant resource upgrade and early offtake agreements.
Topics: critical minerals feasibility study mining project development resource upgrade