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The latest update is out from Sovereign Metals Limited ( (AU:SVM) ).
Sovereign Metals Limited has successfully completed the rehabilitation of a test pit site at its Kasiya Rutile-Graphite Project in Malawi. The program has enabled local landowners to resume farming activities without missing a planting season, demonstrating effective and responsible land rehabilitation. The initiative has expanded its Conservation Farming program from 90 to 350 farmers, with early results indicating significant yield improvements. This effort supports Sovereign’s commitment to sustainable farming post-mining and contributes valuable data for future feasibility studies.
More about Sovereign Metals Limited
Sovereign Metals Limited is a company operating in the mining industry, focusing on the extraction and rehabilitation of rutile and graphite resources. The company is involved in the Kasiya Rutile-Graphite Project in Malawi, emphasizing sustainable mining practices and land rehabilitation.
YTD Price Performance: 21.62%
Average Trading Volume: 452,950
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$539.9M
Find detailed analytics on SVM stock on TipRanks’ Stock Analysis page.