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How DevEx’s Rio Tinto Deal Could Unlock New Uranium Discoveries in NT
8:25am on Thursday 20th of November, 2025 AEDT
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Mining
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How DevEx’s Rio Tinto Deal Could Unlock New Uranium Discoveries in NT
8:25am on Thursday 20th of November, 2025 AEDT
Key Points
Acquisition of nine uranium exploration licence applications from Rio Tinto
Expansion to 7,200 square kilometres around Nabarlek, Ranger, and Jabiluka deposits
Deal includes upfront payments and contingent milestone-based payment
Focus on high-grade unconformity-related uranium in a proven geological setting
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