Deep Yellow Limited (AU:DYL) has released an update.
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Deep Yellow Limited has announced a delay in the Final Investment Decision for its Tumas Project to March 2025 due to pending costings and quotes for equipment and construction. Despite this, the company remains well-funded with A$247 million and continues to make headway with early works and infrastructure development. The project, which aims to commence production by late 2026, has secured essential water and power supplies from NamWater and NamPower.
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