Home » Sovereign Metals (SVML) » #SVML Sovereign Metals – ESG Framework Advances Initiatives in Malawi

#SVML Sovereign Metals – ESG Framework Advances Initiatives in Malawi



Environmental, Social and Governance (ESG) framework established to advance Sovereign’s Corporate Social Responsibility in Malawi


Sovereign continues to undertake several initiatives to assist in the development of Malawi and its local communities


Promoting education in Malawi through a Schools Upgrade Program and creation of a Scholarship Program for high school learners


Advancing local community infrastructure including construction of a new Community Centre at Malingunde and commissioning of water bores across the Company’s licence area to provide local communities with drinking water


Establishing international standard mining industry facilities with the construction of an extensive rutile sample laboratory in Lilongwe


Employment of a diverse workforce and developing key exploration and mining-applicable skills through training programs


Continuing engagement with key stakeholders from local communities through to Government level


Sovereign aims to become an industry leader in social responsibility having successfully worked with communities in Malawi over the last decade who remain highly supportive and are well positioned to benefit from the development of new mining projects


Updated Scoping Study incorporating the upgraded resource is due for completion in the coming weeks


Sovereign Metals Limited (ASX:SVM; AIM:SVML) (the Company or Sovereign) continues its development of the Kasiya rutile project (Kasiya), the largest rutile deposit in the world, the Company is pleased to announce that it has taken proactive steps to establish ESG frameworks to become an industry leader in its corporate social responsibility in Malawi.

Sovereign remains committed to making informed choices in line with our strong corporate governance, financial capabilities, operational efficiency, environmental stewardship, stakeholder engagement and resource management.

Sovereign’s Managing Director Dr Julian Stephens commented“Over the last decade Sovereign has worked very hard to establish and maintain a strong and positive social licence to operate in Malawi. The future development of the Kasiya Rutile Project will bring substantial benefits to Malawi in terms of GDP, royalties, taxes, employment and training, local business opportunities and community development. In advancing Kasiya, Sovereign will strive to become a leading socially responsible corporate”



Dr Julian Stephens (Perth)
Managing Director

+61(8) 9322 6322

Sam Cordin (Perth)
+61(8) 9322 6322

Sapan Ghai (London)
+44 207 478 3900



Nominated Adviser on AIM


RFC Ambrian


Bhavesh Patel / Andrew Thomson

+44 20 3440 6800



Joint Brokers



+44 20 3207 7800

Matthew Armitt


Jennifer Lee


Varun Talwar




Optiva Securities

+44 20 3137 1902

Daniel Ingrams


Mariela Jaho


Christian Dennis

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