Rio Tinto puts $16.9M into graphite developer Sovereign

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing A$18.5 million ($16.9m) to increase its stake in Australia’s Sovereign Metals (ASX: SVM; LSE: SVML), which is advancing the Kasiya rutile-graphite project in Malawi. The move by the world’s second largest...

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