A rutile deposit of the potential size and scale that Kasiya offers could deliver structural change in the pigment feedstock market as a whole, to the point where Sovereign becomes a significant player.
But Sovereign won’t be the only winner.It’s significant that the government of Malawi, which doesn’t play host to too many mining companies, has been highly supportive. There’s an understanding in the corridors of power there that a project like Kasiya is likely to deliver significant potential tax revenue as well as employment and wider economic benefits.
Source: proactive investors
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