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Melbourne, Victoria --News Direct-- Sovereign Metals Ltd
Sovereign Metals Limited (ASX:SVM, OTC:SVMLF, AIM:SVML) managing director Julian Stephens tells Proactive that Rio Tinto is making an investment of A$40.4 million in Sovereign resulting in an initial 15% shareholding. The investment proceeds will be used to advance the Kasiya Rutile-Graphite Project in Malawi. He says the landmark deal with Rio is confirmation of Kasiyaâs place as one of the most significant critical mineral discover...
>>> Read more: Sovereign Metals welcomes Rio Tinto as strategic investor
Sovereign Metals Limited (ASX:SVM, OTC:SVMLF, AIM:SVML) managing director Julian Stephens tells Proactive that Rio Tinto is making an investment of A$40.4 million in Sovereign resulting in an initial 15% shareholding. The investment proceeds will be used to advance the Kasiya Rutile-Graphite Project in Malawi. He says the landmark deal with Rio is confirmation of Kasiyaâs place as one of the most significant critical mineral discover...
>>> Read more: Sovereign Metals welcomes Rio Tinto as strategic investor
