{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Sovereign Metals (ASX:SVM) - Kasiya Project to Capitalize on China's Squeeze on Graphite Supply","html":"","width":"100%","height":180,"duration":1441,"description":"Interview with Sapan Ghai, Chief Commercial Officer, and Frank Eagar, Managing Director of Sovereign Metals Ltd.\nOur previous interview: https://www.cruxinvestor.com/posts/sovereign-metals-asxsvm-40m-secured-from-rio-tinto-to-develop-worlds-largest-rutile-deposit-3294\nRecording date: 24th October 2023\nSovereign Metals Limited (ASX: SVM, AIM: SVML), a mineral exploration company, is developing the Kasiya rutile and graphite deposit in Malawi which is the world's largest rutile deposit, and one of the world's largest graphite deposits.\nThe Kasiya deposit contains over 18 million tonnes of rutile and 23 million tonnes of high-grade flake graphite. Based on the company's pre-feasibility study it has the potential to produce 222,000 tonnes of rutile per year, and 244,000 tonnes of graphite per year over a 25 year mine life. This represents potential revenues of $16 billion over the life of mine based on conservative price estimates. \nRecent export restrictions on graphite imposed by China are expected to cause graphite prices to increase. This would significantly benefit Sovereign Metals given its scale and cost position.\nKey upcoming catalysts are advancing permitting, optimizing the pre-feasibility study, and completing the definitive feasibility study. A positive definitive feasibility study and permitting approval would derisk the project and likely drive significant share price upside.\nView Sovereign Metals' company profile: https://www.cruxinvestor.com/companies/sovereign-metals\nSign up for Crux Investor: https://cruxinvestor.com","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}