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Resources Stocks Down Under 10 November 2022: Sovereign Metals (ASX:SVM)
Sovereign Metals: The world’s largest rutile deposit
Back in August, we introduced our readers to rutile – a mineral sand used as a titanium dioxide feedstock for industrial purposes. We also introduced our readers to Sierra Rutile (ASX:SDX), which was spun out of Iluka. While we weren’t fans of Sierra Rutile, we are fans of another ASX stock in rutile – Sovereign Metals (ASX:SVM). Sovereign is not just a small cap explorer, it is the holder of the world’s largest rutile deposit with a significant graphite resource too.
Click here to read the previous edition of Resources Stocks Down Under published 3 November 2022.