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Rio Tinto Steps Back, Sovereign Advances US-Centric Kasiya Strategy

8:37am on Wednesday 8th of July, 2026 AEST Mining
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Rio Tinto Steps Back, Sovereign Advances US-Centric Kasiya Strategy

8:37am on Wednesday 8th of July, 2026 AEST
Key Points
  • Rio Tinto declines operatorship of Kasiya project
  • Exclusive marketing and pre-emptive rights lapse
  • Sovereign prioritises US-focused critical minerals strategy
  • Offtake discussions with Mitsui and Traxys to advance
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