Sovereign Metals Inks MOU with Mitsui for Malawi Rutile Supply, Strengthening Global Titanium Chain

Published: Mar 19, 2026 10:13

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[SMM Titanium Express] Sovereign Metals signed an MOU with Mitsui & Co. for the sale of natural rutile from its Kasiya Project in Malawi. The initial four-year supply period contemplates up to 70,000 tpa of rutile concentrate with TiO₂ >95%. Japan is the world's second-largest titanium metal producer, supplying over 70% of U.S. titanium sponge imports. The cooperation aligns with recent U.S.-EU-Japan critical minerals supply chain initiatives, highlighting rutile's strategic value as feedstock for high-end titanium applications.

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