Elevate Uranium Ltd ( (AU:EL8) ) has issued an update.
Elevate Uranium Ltd announced progress on its U-pgrade™ Demonstration Plant, which is set to be completed by mid-2025. The plant, constructed by Fremantle Metallurgy Pty Ltd, will test the U-pgrade™ beneficiation process to concentrate uranium mineral efficiently, potentially leading to a full-scale commercial plant. Concurrently, resource growth drilling at the Koppies Uranium Project’s Namib IV site continues, which could enhance the project’s resource base and extend its mine life.
More about Elevate Uranium Ltd
Elevate Uranium Ltd is a company operating in the uranium industry, focusing on the exploration and development of uranium resources. The company is engaged in projects such as the Koppies Uranium Project in Namibia, aiming to enhance uranium production capabilities.
YTD Price Performance: -19.23%
Average Trading Volume: 802,228
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$80.98M
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