Sovereign Metals Limited (AU:SVM) has released an update.
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Sovereign Metals Limited is set to boost its graphite processing capacity with the installation of a new industrial scale spiral concentrator at the company’s laboratory in Lilongwe, Malawi. This development, led by industry veterans, aims to advance the commercialization of graphite from the Kasiya Rutile-Graphite Project for use in lithium-ion battery anodes. With this strategic move, Sovereign is positioning itself to become a leading low-cost producer of both rutile and flake graphite for key global industries.
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