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Wednesday, October 25, 2017

Sovereign Metals Limited secures $6.5M to expedite graphite project in Malawi

Sovereign Metals Limited secures $6.5M to expedite graphite project in Malawi: "Proceeds from the placement will be used to expedite development of the company’s Malingunde Flake graphite project in Malawi, including all technical works and feasibility studies.


Earlier in August, Sovereign had revealed that its Malingunde graphite concentrates have a strong potential to meet the specifications of major graphite end-markets, including lithium-ion batteries.

In 2017 Sovereign delivered the world’s largest reported soft saprolite-hosted graphite resource and scoping study."



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