Sovereign Metals (ASX:SVM) announced a major strategic development at its Kasiya Rutile-Graphite Project in Malawi, recovering a monazite concentrate rich in heavy rare earth elements from the rutile tailings stream.
Preliminary analysis indicates the Kasiya monazite contains exceptionally high levels of dysprosium-terbium and yttrium—critical elements for high-performance magnets, aerospace components, radar systems, and advanced defence technologies—significantly exceeding concentrations found in the world’s five largest REE producers.
The recovered concentrate averages 2.9% DyTb and 11.9% Yttrium, compared with just 0.4% and 1.7%, respectively, across major global operations.
By contrast, light rare earths such as neodymium-praseodymium remain at competitive levels, providing a unique mix of both light and heavy REEs.