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Sovereign Metals Ltd on Tuesday said testing confirmed that natural rutile from its Kasiya project can be used to make titanium products. The Perth, Australia-based mining company contracted Toho Titanium Co Ltd, a Yokohama, Japan-based titanium miner. The testwork yielded good results, with Kasiya rutile surpassing the 95% mineral purity threshold that demarcates high-grade titanium. It can be used ‘without any issues’, Toho commented. Titanium is a key material in the aerospace and industrial sectors, and Toho a major player in the supply chain, whose customers include Boeing Co and Airbus SE. According to Sovereign Metals, Toho and fellow Japanese firm Osaka Titanium Technologies Co produce around 15% of global titanium, and over 60% of non-sanctioned aerospace-grade titanium. Sovereign reiterated the role of titanium in the defence sector, suggesting that higher defence budgets worldwide could benefit the mining industry. The Australian firm’s Kasiya project is located at the world’s largest known natural deposit of rutile in Malawi. ‘Sovereign is uniquely positioned to capitalise on the intersection of resource security, aerospace supply chain realignment, and national defence priorities. Kasiya’s exceptional scale and quality, combined with Malawi’s stable jurisdiction, offers unparalleled exposure to one of the most strategic and rapidly growing mineral markets of our time,’ commented Chief Executive Frank Eager. Sovereign shares rose 2.9% to 35.00 pence each on Tuesday afternoon in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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