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Urenco Commits A$5M to Ubaryon, Boosting Uranium Enrichment Innovation
3:21am on Monday 2nd of June, 2025 AEST
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Energy
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Urenco Commits A$5M to Ubaryon, Boosting Uranium Enrichment Innovation
3:21am on Monday 2nd of June, 2025 AEST
Key Points
Urenco to acquire 13% stake in Ubaryon via A$5 million investment over three years
Partnership contingent on shareholder and Foreign Investment Review Board approvals
Ubaryon's uranium enrichment technology independently assessed at TRL-4
GUE remains largest shareholder in Ubaryon with 21.9% post-investment
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Global Uranium and Enrichment (ASX:GUE)
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