Sovereign Metals Ltd (ASX:SVM, AIM:SVML)’s Julian Stephens highlights the shear size of the Kasiya Rutile deposit with Proactive after a resource upgrade tripled its size and confirmed Kasiya as the largest natural rutile deposit ever discovered.
Kasiya also produces graphite as a by-product, and with such a large resource Sovereign now also boasts the second largest flake graphite deposit in the world.
Having just showcased Kasiya’s potential to support the UK Houses of Parliament in their efforts to lower carbon consumption, Sovereign Metals appears well placed to service low-carbon graphite and rutile offtake streams in future.