Kasiya Project Gains Strategic Lift

Bulk cargo trains operating on the Nacala Corridor. (Image courtesy of Sovereign Metals.)

Sovereign Metals’ flagship Kasiya project, located near Lilongwe, is poised to benefit directly from the corridor upgrades. The company plans to construct a six-kilometre rail spur linking its processing plant to the Nacala line, enabling direct access to the deep-water port of Nacala in Mozambique.

This infrastructure will:

• Cut transport costs for rutile and graphite exports
• Improve access to Japanese and global markets
• Support the company’s upcoming Definitive Feasibility Study
Sovereign CEO Frank Eagar welcomed the announcement, stating:

Japan Certifies Kasiya’s Rutile for High-Performance Titanium

In June, Toho Titanium, a leading Japanese titanium producer, confirmed that rutile samples from Kasiya meet the stringent standards required for high-performance titanium production. The certification strengthens Japan’s critical minerals strategy and validates Kasiya’s potential as a long-term supplier to Asian markets.

With established access to Japanese titanium buyers and growing interest from global manufacturers, Kasiya is emerging as a cornerstone of Africa’s mineral export future.

Market Response and Strategic Outlook

Following the announcement, Sovereign Metals’ shares rose 1.5% on the London Stock Exchange, trading at 33.5p by mid-afternoon. The company’s market capitalization now stands at approximately A$427 million ($283 million).

The Nacala Corridor’s revitalization is more than a logistics upgrade—it’s a strategic pivot toward regional integration, resource security, and infrastructure-led growth. For Malawi, Zambia, and Mozambique, it signals a new era of connectivity and competitiveness in the global minerals market.