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Sovereign finds a low-cost rare earth pathway at Kasiya
8:08am on Friday 30th of October, 2026 AEDT
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Mining
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Sovereign finds a low-cost rare earth pathway at Kasiya
8:08am on Friday 30th of October, 2026 AEDT
Key Points
US$722 million base-case incremental pre-tax NPV8 at Kasiya
US$29 million incremental capital for potential first production
2,626 tonnes per annum of monazite concentrate containing 1,485 tonnes of TREO
151% base-case IRR and approximately 1.5-year payback
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