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US1’s Tanzanian uranium deal could provide a lifeline as cash tightens

4:43pm on Friday 30th of October, 2026 AEDT • Mining
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US1’s Tanzanian uranium deal could provide a lifeline as cash tightens

4:43pm on Friday 30th of October, 2026 AEDT
Key Points
  • A$65,000 cash at 30 September against A$406,000 quarterly operating outflows
  • Tanzanian licence transfer could deliver US$1 million upfront and up to US$1.8 million overall
  • Transaction remains subject to Tanzanian regulatory approvals and other closing conditions
  • California rare earths dispute and Federal Court defamation proceedings continued
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