July 17 (Reuters) - Australia's Sovereign Metals (SVM) said on Monday global miner Rio Tinto (RIO) RIO.L would invest A$40.4 million ($27.61 million) in exchange for an initial 15% stake in the company.
Sovereign will use the funds from the investment to advance its Kasiya Rutile-Graphite Project in Malawi.
($1 = 1.4635 Australian dollars)
July 17 (Reuters) - Australia's Sovereign Metals (SVM) said on...
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Last
$113.62 |
Change
1.260(1.12%) |
Mkt cap ! $42.17B | |||
| Open | High | Low | Value | Volume |
| $112.70 | $113.70 | $112.21 | $140.8M | 1.240M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | $113.60 |
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| Price($) | Vol. | No. |
|---|---|---|
| $113.69 | 700 | 1 |
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