Sovereign Metals Limited (AU:SVM) has released an update.
Sovereign Metals Limited reports that its pilot mining and land rehabilitation program at the Kasiya Rutile-Graphite Project in Malawi is advancing on schedule, with construction of key facilities like the test pit and water storage pond underway. The company highlights the soft saprolite ore’s free-digging quality, which allows mining without drilling or blasting, hinting at potential low operating costs. Sovereign is collaborating with strategic investor Rio Tinto to implement health and safety protocols as groundwork progresses.
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