Study Highlights Existing High Quality Logistics For Kasiya; Sovereign’s Managing Director Dr Julian Stephens commented “The exceptional established infrastructure in Malawi should result in a positive capital and operating cost outcome for Kasiya. The availability of existing road, rail and port infrastructure for product export and project supplies imports provides a huge advantage for our world-class Kasiya Rutile Project”
- Study confirms preferred logistics route to global markets is via the Nacala Logistics Corridor (NLC) exporting out of the deep-water port of Nacala.
- Kasiya benefits from access to a fully operating rail line and class-1 all-weather sealed road network.
- The logistics network is significantly underutilised with only 15% of the rail freight capacitycurrently in use with the deep-water port only 41% utilised.
- The recommendations and fiscal outcomes of the logistics Study will be incorporated into the Company’s forthcoming Scoping Study targeted for completion by the end of 2021.
http://themarketherald.com.au/sovereign-metals-asxsvm-logistic-route-for-kasiya-confirmed-2021-09-08/
http://www.investi.com.au/api/announcements/svm/75a1cf55-e05.pdf
http://www.sharewise.com/de/news_articles/Sovereign_Study_Highlights_Existing_High_Quality_Logistics_Solution_for_Kasiya__Sovereign_Metals_Ltd_irwpresseen_20210908_0714
Study Highlights Existing High Quality Logistics For Kasiya;...
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