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
72.0¢ |
Change
-0.005(0.69%) |
Mkt cap ! $465.7M | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 72.5¢ | 71.0¢ | $234.0K | 326.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 10 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 14322 | 1 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| SVM (ASX) Chart |