Sovereign discovered Kasiya in 2019 after identifying the potential of a new rutile province in Malawi. Today, Kasiya stands out as the world’s largest known natural rutile deposit and second largest known flake graphite deposit and holds the accolade of one of only 11 Tier 1 mining projects discovered in the last decade.
This globally significant rutile province in Malawi, a stable, transparent jurisdiction known as “the Warm Heart of Africa”. Malawi is increasingly attracting international investment with substantial potential for mining to contribute to the country’s economic growth and development. Central Malawi boasts excellent existing infrastructure including grid power and an excellent sealed road network.
Kasiya is strategically located in close-proximity to the capital city of Lilongwe, providing access to a skilled workforce and mining and industrial services. The location provides access to the operating Nacala Rail Corridor linking to the Indian Ocean deep water port of Nacala in Mozambique, providing a low-cost transport solution and access to major international markets.
The Company’s objective is to develop a large-scale, long life rutile-graphite operation, focusing on developing an environmentally responsible, sustainable and socially uplifting operation.
Sovereign is currently undertaking a PFS Optimisation Study at Kasiya which includes a Pilot Mining and Land Rehabilitation Program (Pilot Phase). The Pilot Phase is a critical part of Kasiya’s PFS Optimisation Study; empirical data generated from the Pilot Phase will determine optimal project excavation, material handling, processing, backfilling and rehabilitation approaches.
Here CEO Frank Eagar and CCO Sapan Ghai discuss the company’s strategy, the project’s unique advantages and why Kasiya could be a game-changer in the graphite market. Premiered 12th March 2025.
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