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Sovereign Metals Elevates Kasiya with US$2.2bn NPV and Rare Earth Discovery

8:40am on Wednesday 29th of April, 2026 AEST Mining
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Sovereign Metals Elevates Kasiya with US$2.2bn NPV and Rare Earth Discovery

8:40am on Wednesday 29th of April, 2026 AEST
Key Points
  • US$2.2 billion pre-tax NPV8 and 23% IRR from Kasiya DFS
  • Measured and Indicated rutile resource up 32% to 16.1Mt
  • Offtake MOUs with Mitsui (rutile) and Traxys (graphite)
  • Heavy rare earth monazite by-product with premium DyTb and yttrium content
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