Sovereign Metals Ltd at 121 Cape Town Investment Summit Transcript
Well, you're lucky enough to be witnessing Sovereign first ever presentation on our rutile projects in Malawi. So here we go. We think we've discovered what is potentially a globally significant new rutile province from the grassroots here -- from grassroots tenements and grassroots exploration works.
Okay. What have we got multiple retail prospects here in Malawi. In 2020, we believe we'll be a company defining year. We'll be drilling out a number of these prospects to resource. We've got a huge exploration package there and very large exploration upside. It's very strong fundamentals for rutile. It's a titanium mineral. It's the highest-grade titanium mineral -- Iluka is one of the world's major producers. Iluka, says rutile is currently in structural deficit and there's no foreseeable additional large-scale supply coming on in Malawi. It's a smaller Southeast African country, but fantastic infrastructure in place. And I'll take you through that right now.
So as I said before, it's the rarest, highest-grade titanium mineral.
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