65: The Sunday Roast featuring Sapan Ghai, Chief Commercial Officer of Sovereign Metals (AIM:SVML) #SVML #TM1 #DRUM #ACRM #AMGO #CHLL #PXEN

Phil Carroll and Kevin Hornsby talk to Sapan about progress at Kasiya and the latest graphite news. The Kasiya Project has the potential to be the one of the world’s lowest cost and lowest global warming potential (GWP) sources of natural graphite. The Kasiya project is the largest natural rutile deposit and one of the largest flake graphite deposits in the world. Both minerals are critical to several of the world’s economies and decarbonisation targets. Kasiya has a geological benefit with both natural graphite and rutile hosted in soft, friable saprolite material at surface that can be mined, beneficiated, and purified with a considerably lower carbon footprint than hard-rock operations or synthetic graphite production. The results of the recent initial downstream testwork conducted by an independent German industrial mineral specialist demonstrated superior qualities and excellent suitability as feedstock for use in lithium-ion batteries. In 2022, the lithium-ion battery anode market became the biggest end-market for natural flake graphite. Greater capacity batteries, such as those required for electric vehicles, are expected to drive significant demand for graphite over the coming years.

The lads also give a round up of the week’s news both home and away, talk markets and stocks of the week

Disclaimer & Declaration of Interest

The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.