Sovereign Metals Limited (ASX: $SVM) has successfully shipped the first 30 tonnes of ore from the Kasiya Rutile-Graphite Project in Malawi to Paterson & Cooke (P&C) in South Africa. The ore sample will be utilized for advanced material handling tests as part of the Pre-feasibility Study (PFS) optimization, in collaboration with strategic investor Rio Tinto.
I must commend our geology and logistics teams who, in a very short space of time, successfully extracted and delivered this large representative sample from Kasiya to Paterson & Cooke. This represents a significant step in our ongoing project delivery. Importantly, it also demonstrates the effectiveness of the day-to-day technical involvement of our strategic investor, Rio Tinto, in assisting Sovereign with the Kasiya Project optimization and bringing this tier one project closer to development.
Sovereign Metals Limited (ASX: $SVM) has achieved a milestone by shipping the first 30-tonne ore sample from the Kasiya Rutile-Graphite Project to Paterson & Cooke in South Africa. The sample will undergo advanced material handling tests to optimize technical elements of the previously announced Kasiya Pre-feasibility Study (PFS). The collaboration with strategic investor Rio Tinto highlights the effective technical involvement and progress towards the development of the Kasiya Project. This shipment marks a significant step in Sovereign's project delivery, demonstrating its commitment to advancing the Kasiya Project towards development and production.