Interview with Julian Stephens, MD of Sovereign Metals (ASX: SVM)
Our previous interview: https://youtu.be/zINeIzNtJCE
Sovereign Metals Limited is an Australia-based company that is focused on the exploration and development of its Kasiya rutile project (Kasiya) in Malawi. The Company’s projects include the Rutile project, Malingunde Graphite project, and Malawi & Infrastructure. Kasiya is a strategic natural rutile deposit, which has mineral resource estimate (MRE) of 605 metric tons (Mt) at 0.98% rutile, including a high-grade component of 137Mt at 1.41% rutile. The area covered by the Kasiya MRE is approximately 49 square kilometers. Its Malingunde Graphite project is located at Malingunde, approximately 15 kilometers from Lilongwe, Malawi’s capital city. Malawi & Infrastructure project is a rutile province located in Malawi, a stable, transparent jurisdiction with existing infrastructure, including grid power, road network, and established labor pool.
0:00 – Company Overview
0:38 – Julian’s Background
3:08 – Discussions about the Rutile Mineral
6:51 – Differentiating in Dileneating Resources on a Horizontal Plane
8:15 – Discussion about the Drilling Depths
10:39 – Overview of the Saprolite’s Original Features
11:44 – Process from the Scoping Study through the Prefeasibility Study
14:07 – Constructing the Prefeasibility Study
17:14 – Preference in the Pit Mining Process
17:56 – Discussions about Hydraulic Mining in Malawi
19:44 – Sentiments of Malawi’s Ministry of Mining towards the Hydraulic Mining
20:13 – Overview of the Graphite Component of the Company
24:16 – Offtake Deal with Mitsui Overview
26:27 – Need for the Mineral Separation Plant
27:43 – Advantageous Positioning of the Project in Malawi
30:38 – Tools used in the Scoping Study in Figuring the Total Transport Cost
31:15 – Addressing the Security Concerns around Mozambique
32:14 – Timeline for the Prefeasibility Study
34:26 – Bulk Sampling of the Company’s Graphite Products and Preferred Markets for it
35:41 – Outro
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