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Mandrake Strikes Deal to Unlock Uranium from Vast Utah Mine Waste Dumps
8:42am on Monday 8th of December, 2025 AEDT
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Mining
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Mandrake Strikes Deal to Unlock Uranium from Vast Utah Mine Waste Dumps
8:42am on Monday 8th of December, 2025 AEDT
Key Points
Binding agreement signed with DISA Technologies for mine waste treatment
Mandrake to receive 2.5%-4% gross revenue royalty on recovered minerals
Option to convert royalty into 25% equity interest in operations
DISA holds unique US Nuclear Regulatory Commission license for uranium remediation
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