Elevate Uranium Strengthens Pilot Plant Team and Updates Results Timeline to August

Management Changes and Operational Enhancements

Elevate Uranium Ltd (ASX:EL8) has announced key updates regarding its U-pgrade™ Pilot Plant program in Namibia, including the appointment of a Namibian national as operations manager. This individual, a professional metallurgist with extensive local expertise and networks, has introduced more structured operating protocols and a systematic approach to circuit operation and optimisation. These changes aim to reinforce standard operating procedures and improve the plant's mechanical and electrical systems to enhance performance.

Managing Director Murray Hill has been on-site throughout March and April, providing daily oversight and working closely with the strengthened in-country team to achieve optimal pilot plant performance. The operational team has also been bolstered with additional experienced Namibian metallurgical personnel to support consistent execution and high-quality data generation.

Progress Toward Steady-State Operations and Revised Timeline

The company reports significant advances toward achieving steady-state operations, which are critical for producing representative pilot plant results. However, the timeline for delivering these results has been updated to August 2026 to accommodate the time required for process optimisation and establishing stable operations. Elevate Uranium emphasises that the delay does not affect the validity of previously announced bench-scale testwork results, which remain robust.

Elevate Uranium is fully funded and positioned to continue its work on demonstrating the U-pgrade beneficiation process. The pilot plant data will support future technical studies and potentially enhance the value of its uranium projects.

Strategic Context and Next Steps

This operational update follows recent milestones for the company, including a substantial upgrade to its Marenica Uranium Project resource grade earlier this year. The doubling of resource grade and increased contained uranium at Marenica underpin the company's growth strategy and complement the pilot plant's development efforts. The strengthened management and revised timeline reflect Elevate Uranium's commitment to delivering high-quality, reliable data from its U-pgrade™ technology, which is central to its beneficiation approach.

Investors and stakeholders will be watching closely for the August results, which will provide further insight into the pilot plant's performance and the potential for scaling the U-pgrade process. The company’s ongoing focus on operational excellence and data quality is a key factor in advancing its uranium project portfolio.

For additional background on the company’s resource upgrades and pilot plant progress, see the recent coverage on the doubling of grade at Marenica and the capital raise supporting pilot plant advancement.