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IN BRIEF: Capital Metals adds technical manager to further project

Sovereign Metals Ltd undertakes aggressive drilling programs at Kasiya, one of the world s largest natural rutile deposits

Kasiya could significantly impact the titanium industry with the potential to displace carbon, energy and waste-intensive alternatives The rutile market is in supply deficit with prices rising steadily over the last 12 months Sovereign Metals Ltd (ASX:SVM) (FRA:SVM) is embarking on an aggressive drilling program to enable future resource upgrades and extensions at its flagship Kasiya project in Malawi, which has one of the world’s largest natural rutile deposits.  A scoping study is well underway and is targeted for completion in late 2021 aimed at unlocking the large-scale natural rutile project with a focus on environmental, social and governance (ESG) and sustainability. 

Asian Open: The US Dollar Sits Tall Ahead of Nonfarm Payrolls

th straight day Another day, another set of strong employment data and record highs for the US stock market. Weekly jobless claims continued to fall and now sit at their lowest level since the pandemic began. And, in a separate report, intentions to lay-off staff by firms have hit a 21-year low. That said, the employment component of the ISM manufacturing index contracted to 49.9 from 50.9. But, taken alongside strong ADP beating expectations earlier this week (even if softer than the prior read), it’s not a bad set of data overall ahead of today’s NFP report. But, as Matt Weller points out, some leading indicators point towards a weaker-than expected NFP today which could lead to another disappointment for the highly anticipated release (and take the wind out of sentiment just before the weekend).

Asian Open: Strong Month for USD, Fifth Quarterly Rise for US Indices

Asian Open: Strong Month for USD, Fifth Quarterly Rise for US Indices Matt Simpson June 30, 2021 11:23 PM The US dollar finished June on a high note whilst US indices rose for a fifth consecutive quarter. As of yet, there’s no immediate sign of these trends reversing. Share: Asian Futures: Australia s ASX 200 futures are down -43 points (-0.59%), the cash market is currently estimated to open at 7,270.00 Japan s Nikkei 225 futures are up 20 points (0.07%), the cash market is currently estimated to open at 28,811.53 Hong Kong s Hang Seng futures are up 18 points (0.06%), the cash market is currently estimated to open at 28,845.95 UK and Europe:

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