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Sovereign Metals signs first offtake agreement for rutile from the Kasiya Rutile Project in Malawi

Sovereign Metals signs first offtake agreement for rutile from the Kasiya Rutile Project in Malawi

Sovereign Metals Limited (ASX:SVM, AIM:SVML)'s Julian Stephens talks to Proactive about the company's first memorandum of understanding (MoU) for offtake of rutile from its Kasiya Rutile Project in Malawi. The MoU, with Hascor International Group, represents 20% of production output at the project. The company is working on further MoUs and is also firming up the ESG credentials of the project, which has a low carbon footprint relative to competing minerals.

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