Record Production Volume
December 2024 recorded the highest monthly production volume since the restart of commercial production in March 2024.
Improvement in Recovery Rates
Recovery rates improved from 69% in Q1 to 88% in Q2, sustained throughout the quarter.
Successful Acquisition of Fission Uranium
Acquisition of Fission Uranium Corporation was completed on December 24, and the company was listed on the Toronto Stock Exchange on December 27.
Strong Safety Performance
TRIFR sits at 4.1 per million hours worked, under the target of 5.
Successful Execution of November Shutdown
The shutdown in November was executed on time, contributing to operational improvements.
Positive Cash Flow
The operation was cash positive for the first half of the year, benefiting from low-cost stockpile processing.
New Contract Signed
A new offtake agreement was signed, bringing the total to 11 contracts.