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Rio Tinto ups stake in Sovereign Metals with $12.4m investment

Cecilia Jamasmie | July 03, 2024 | 3:50 am Battery Metals Markets Top Companies Africa Australia Graphite Rhodium 

Rio Tinto (ASX, LON: RIO) is investing A$18.5 million ($12.4m) to increase its stake in Australia’s Sovereign Metals (ASX: SVM) (LON: SVML), which is advancing the Kasiya rutile-graphite project in Malawi. The move by the world’s second largest miner will...

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