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Global Uranium’s Ubaryon Nears $5M Deal with Urenco to Boost Enrichment Tech
8:56am on Wednesday 25th of June, 2025 AEST
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Global Uranium’s Ubaryon Nears $5M Deal with Urenco to Boost Enrichment Tech
8:56am on Wednesday 25th of June, 2025 AEST
Key Points
Binding agreement between Urenco and Ubaryon expected to close in late July
Urenco to invest A$5 million over three years for a 13% stake in Ubaryon
Global Uranium to maintain its 21.9% ownership by investing approximately A$535,000
Ubaryon’s technology simplifies uranium enrichment by eliminating conversion steps
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