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Sovereign Metals #SVML and the Kasiya Rutile story – Sapan Ghai talks to Alan Green
4th March 2022 / Leave a comment
Alan Green talks to Chief Commercial Officer Sapan Ghai. We look at the uses for rutile, the primary source for titanium oxide which has a multitude of uses including pigment for paint and medical products, aerospace, clean energy, welding and a host of other applications. Sapan then talks us through the the unique and huge Kasiya rutile project in Malawi, the take-off agreement with Hascor, and the graphite by-product before we look at the financials and the NPV8 valuation of US$861m. We wrap up with a view forward to upcoming value inflection points for 2022.
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