Studies have revealed Sovereign Metal's (SVM) natural rutile could have substantial environmental benefits by reducing titanium carbon emissions
An assessment completed by a U.K. mining consultant found the process of using natural rutile, opposed to high-grade titanium feedstocks from lower-quality minerals, could save up to 2.8 tonnes of CO2 per tonne of natural rutile
In a broader context and referencing its prospective rutile deposits in Malawi, the ASX-lister sees this as an opportunity to tap into a market of responsible investors and titanium industry companies looking to lower carbon footprints
"Our natural rutile deposits could help meet the growing demand for low carbon titanium feedstock throughout the titanium industry supply-chain," Sovereign Metal's ESG Advisory Committee Chair Ben Stoikovich commented
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