Sovereign Metals feasibility study ready in Q1 of 2026

Malawi’s Economic Horizon Expands: Sovereign Metals Poised for Major Breakthrough with Q1 2026 Feasibility Study Completion

Post was last updated: November 13, 2025

Key Business Points

  • Definitive feasibility studies (DFS) for the Kasiya Rutile and Graphite Project are expected to be completed in Q1 2026, a crucial step towards securing financing and obtaining necessary permits for the mine.
  • The project’s dry mining approach is expected to deliver superior project delivery, operational flexibility, and environmental outcomes, following the successful 2024 pilot phase.
  • Investment opportunities in the extractive industry are on the rise, with experts calling for the development of laboratories and other facilities to support the sector’s growth, presenting a chance for local entrepreneurs to capitalize on the growing demand for mining services and supplies, such as "zinthu zosinthika" (mining equipment) and "njira za kuwongolera" (logistics services).

The Kasiya Rutile and Graphite Project, owned by Sovereign Metals Limited, is making significant progress, with the company anticipating the completion of its definitive feasibility studies (DFS) in the first quarter of 2026. This milestone is a key step in the mining process, as it will provide the necessary data to secure funding and obtain permits for the project. The DFS is considered a bankable study, containing detailed economic and technical data that will be used to convince financiers and potential buyers or off-takers to invest in the project.

Recent tests have confirmed that the natural rutile from the Kasiya project is suitable for producing high-performance titanium metal products, and a German firm has also verified the high-quality minerals found at the site. These developments have strengthened the strategic position of the Kasiya Project, making it an attractive opportunity for investors and "wafukula" (stakeholders) alike.

The project’s decision to adopt a dry mining approach is also expected to deliver superior outcomes, following the successful 2024 pilot phase. This approach will provide operational flexibility and environmental benefits, making it a more sustainable option for the mine. The dry mining approach is a significant development for the project, as it will reduce the environmental impact of the mine and provide a more efficient mining process.

Experts are emphasizing the need for Malawi to invest in the extractive industry, particularly in the development of laboratories and other facilities to support the sector’s growth. Geologist and former minister of Energy Grain Malunga has called for serious investments in the extractive industry, highlighting the potential for "maiko a kuwongolera" (mining services) and other related businesses to thrive. With the Ministry of Natural Resources, Energy and Mining recently signing mining development agreements with other companies, the sector is poised for significant growth, presenting opportunities for local entrepreneurs to capitalize on the demand for mining services and supplies.

The Kasiya Rutile Project has a 25-year life span, providing a long-term opportunity for investment and growth. As the project progresses, it is likely to have a significant impact on Malawi’s economy, creating jobs and stimulating economic growth. With the DFS expected to be completed in Q1 2026, the project is on track to move forward, and investors and stakeholders are eagerly awaiting the next steps. The completion of the DFS will be a major milestone for the project, and it will pave the way for the next phase of development.

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Vanessa Banda
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