OAR Resources Embarks on Uranium Venture in Brazil

OAR Resources Ltd (AU:OAR) has released an update.

OAR Resources Ltd has entered into a promising partnership with Indústrias Nucleares do Brasil (INB) through a Memorandum of Understanding to explore and develop uranium and Rare Earth Elements (REE) resources in Brazil. This collaboration has been initiated following OAR’s significant expansion of its Brazilian uranium landholding to 880 square kilometers. With the recent legislative changes in Brazil, OAR aims to be at the forefront of the uranium industry, leveraging its extensive management and operational experience in the region.

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