Multi-commodity developer, Sovereign Metals, could significantly lower capital and operating costs for its projects located in Malawi by accessing a newly upgraded rail network corridor to a deep-water port in Nacala, Mozambique, about 750km to the east.
The company is developing its exciting rutile and graphite projects within a huge land-holding in Malawi and access to the Nacala Logistics Corridor, or “NLC”, opens up export opportunities for the sought-after mineral commodities.
Sovereign has an existing memorandum of understanding in place with Central East African Railways for rail freight, port access and port handling services for concentrates from its Malingunde graphite project in Malawi, with a binding agreement currently in the works.
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