Sovereign Metals (SVM) continues technical and permitting programs towards development of Kasiya. Samples from new bulk sampling campaigns will be used to complete slurry pump and tailings characterisation tests. Graphite concentrate beneficiated from bulk sample will be exported for battery anode suitability test work. RIO’s commitment to its investment in Kasiya (and SVM) will be tested with in late July when it’s 35M options are scheduled to expire. We anticipate these will be excised, signalling to the market RIO’s intention to move project cooperation forward.
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