Sovereign Metals Limited

KEY HIGHLIGHTS -          Monazite concentrate containing the most critical and highly valuable heavy rare earth elements Dysprosium (Dy), Terbium (Tb) and Yttrium recovered from four planned pits in the Kasiya DFS mine plan, including pits scheduled for Year 1 production.-          DyTb and Yttrium oxide ratios in the Total Rare Earth Oxide...

DFS Confirms Potential for Sovereign to Redefine Titanium Metal and Graphite Supply ChainsRio Tinto Technical Expertise | Real-World Pilot Mining Validation OUTSTANDING FINANCIAL RETURNS -          Steady State annual EBITDA US$476M and Free Cash Flow (pre-tax, unlevered) US$452M-          Total revenue of US$16.2Bn over 25-year initial mine life, with potential for mine life extensions-         ...

Measured & Indicated Resources Increase by 32% Cementing Kasiya as the World’s Largest Natural Rutile Deposit KEY HIGHLIGHTS -          Total Rutile Mineral Resource increases to 2.1 billion tonnes at 0.96% rutile for 20.3Mt contained rutile with 0.95% TGC for 20.0Mt contained graphite (M,I&I)-          Measured and Indicated (M&I) contained rutile surges 32% to...

Non-binding MOU signed with Mitsui & Co. to supply rutile mainly to the Japanese titanium industry  KEY HIGHLIGHTS -          Offtake framework for up to 70,000 tonnes per year of Kasiya natural rutile concentrate (TiO₂ >95%) over an initial four-year supply period from first production, with potential five-year extension-          Japan is the...

HIGHLIGHTS -          Non-binding Memorandum of Understanding (MOU) signed with Traxys North America for the marketing of graphite from Sovereign’s Kasiya Project -          Traxys is one of only three trading houses appointed to procure critical minerals for the US Government’s US$12 billion Project Vault – the newly launched US Strategic Critical Minerals Reserve -         ...

-          Sovereign recovers heavy rare earth monazite concentrate from Kasiya rutile tailings stream  -          Preliminary analysis confirms Kasiya monazite to contain exceptionally elevated levels of heavy rare earth elements Dysprosium - Terbium (DyTb) and Yttrium, materially exceeding  those of the five largest producers globally, which account for 70% of the...

-          Collaboration Agreement signed with International Finance Corporation (IFC), a member of the World Bank Group, to support the sustainable development of Kasiya. -          Collaboration with IFC – world’s largest global development institution – is expected to lay the ground for international project financing for Kasiya, the world’s largest rutile and...