Sovereign Metals join the UK Investor Magazine Podcast to dicuss progress at their globally significant Titanium Rutile project in Malawi.
Sovereign Metals controls Kasiya, the world’s largest undeveloped Titanium Rutile resource and the excitement around this year’s developments was palpable as we spoke to Sapan Ghai, Sovereign’s Chief Commercial Officer.
Rutile is a major source of titanium and is listed by the US and EU as a Critical Raw Material due to supply risk and economic importance.
Rutile’s application as titanium feedstock is predominately used in paint pigments (58%), welding (31%), and Titanium Metals (11%).
Natural Rutile is the purest of Titanium and attracts a significantly higher price per tonne than Ilmenite. Natural Rutile contains ~95% TiO2 compared to ~50% TiO2 found in Ilmenite. Processing Ilmenite still doesn’t achieve the TiO2 grade observed in Natural Rutile.
Read “Sovereign Metals signs premium rutile offtake agreement”
Watch Sovereign Metals present at the UK Investor Magazine Metals & Mining Conference: