Midweek Takeaway with Sapan Ghai, Chief Commercial Officer of Sovereign Metals Limited (AIM:SVML)

Phil Carroll and Kevin Hornsby talk to Sapan about the groundbreaking development where mining giant Rio Tinto has announced a strategic investment of $40.4 million, acquiring a 15% shareholding in Sovereign. This investment will drive the advancement of the Kasiya Rutile-Graphite Project in Malawi, paving the way for a new supply of low-CO2-footprint natural rutile and flake graphite. With Rio Tinto's expertise and assistance, Sovereign aims to focus on the production of spherical purified graphite for the booming lithium-ion battery anode market. This partnership marks a significant step towards supply chain decarbonisation and achieving net-zero, while also bringing substantial benefits to Malawi.

Disclaimer & Declaration of Interest

The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion