News for Sovereign Metals Limited (SVM.AX)

The placement is scheduled to settle on 1 April 2025, with the new shares due to be issued around 2 April 2025.

The ASX closed up 0.7% at 7,999 points. Staples was the best…

The Australian market is treading water as investors hold their breath ahead of a speculated interest rate reduction in the US, expected to be the first rate cut since 2020. At noon AEST on Wednesday, the benchmark S&P/ASX200 index was flat, up 1.1 points, or 0.01 per cent, at 8142.0, while the broader All Ordinaries […]

The ASX200 closed up 0.3% at 8,012 points, just below its all time high set a few weeks ago.

The ASX200 finished up 0.4% at 7,982 points as the market embraced slightly more positive sentiment. In a speech today, RBA Governor Michele Bullock has raised the prospect of higher interest rates if inflation is not slayed.

It has confirmed that Kasiya's natural graphite presents a low-cost opportunity to develop lithium-ion battery supply chains outside of China.

Stifel bullish on Sovereign Metals stock as Kasiya project eyes key mineral production

The company's next steps are to complete offtake negotiations for the first phase of contracting and finalize the project's financing.

NEW YORK, July 05, 2024 (GLOBE NEWSWIRE) —

NEW YORK, July 05, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international...

The ASX200 was up a quarter of a percent at lunchtime with materials in the lead, up just over 1%. Its gains were partially driven by iron ore prices climbing back to US$110.40 in Singapore; around a three-week high.

Sovereign Metals Ltd has seen a boost to its Kasiya rutile graphite project in Malawi, as Rio Tinto increases its interest in the company.

China flake graphite prices remain steady while positive news from the US govt affects the graphite sector. Check out the May edition of graphite miners news.

Natural graphite under pressure from synthetics, amid oversupply, slow trade flows, and mixed but flat China flake graphite prices. Explore more details here.

China flake graphite prices were mixed and generally flat for the month. Click here for the graphite miners news for the month of March 2024.

The ASX200 is tipped to gain up to 0.2 per cent after the S&P500 closed up half a per cent at a record high.

Stay informed with the latest updates in the graphite market, including price trends, government regulations, and company news. Click here to read.

Graphite market news - European graphite price increase in November 2023 amidst China export curtailment/permit set to begin on December 1, 2023. Read more here.

Flake graphite prices & spherical graphite prices were slightly lower the past month. Read more to see the full graphite miners news for October 2023.