Latest Uranium Recovery News

Atomic Eagle has formalised a 60% interest and operational control of the Madaouela uranium project in Niger while continuing exploration and metallurgical testing at Muntanga in Zambia. The company also secured approximately $10.9 million from an early option exercise after quarter end, but Madaouela’s large resource remains a foreign estimate pending JORC conversion.

Alligator Energy has extended uranium mineralisation south of its Blackbush resource at Samphire while field recovery results feed into the project feasibility study. A $17.1 million capital raising and other receipts lifted quarter-end cash to $25.4 million.

Elevate Uranium has reported pilot-scale results that removed about 88% of Marenica ore mass across the first four U-pgrade stages, while lifting uranium grade sevenfold and recovering 79% of uranium. The decisive test now shifts to Stage 5, where integrated results are expected in the December 2026 quarter.

Lotus Resources lifted Kayelekera’s uranium recovery to 80% in September after recommissioning its sulphuric acid plant, while securing the approvals and funding needed for its first shipment since the restart. The company still faces power, acid capacity and cash-flow risks as it moves from restarting production to generating sales.

Elevate Uranium has reported strong early performance from its Namibia pilot plant while expanding its uranium resource base to 172.8 million pounds attributable to the company. The next test is whether the final flotation stage and technical studies can convert processing gains into a credible development case.

Lotus Resources delivered first uranium production from Kayelekera in more than a decade, but its first operating year brought a $100.1 million loss, heavy cash burn and an auditor-highlighted material uncertainty over its ability to continue as a going concern. The mine produced 332.1 thousand pounds of U3O8 before acid supply problems forced a temporary processing pause.

Brazilian Rare Earths has commissioned its Stage I beneficiation pilot plant in Bahia and produced its first rare earth mineral concentrate. Partners will contribute R$6.4 million, or about A$1.7 million, towards the next hydrometallurgical stage planned for commissioning in Q2 2027.

Elevate Uranium’s pilot plant for its U-pgrade™ beneficiation process has demonstrated an 88% mass rejection and uranium grade uplift from 89 ppm to 590 ppm at Marenica, validating historic bench-scale results and paving the way for a simpler acid leach process.

Brazilian Rare Earths (ASX: BRE) has delivered a striking scoping study for its Rocha da Rocha Rare Earths Province in Brazil, anchored by the Monte Alto deposit’s world-class 11.3% TREO grade, projecting robust economics and a low-cost production path.

Alligator Energy has secured a crucial option to acquire a lease enabling expanded exploration at its Samphire Project while addressing ASX concerns over recent trading linked to a Mineral Resource Estimate update.

Aura Energy has secured a strategic non-binding MOU with a major international nuclear utility, underpinning funding and technical collaboration for its Tiris Uranium Project in Mauritania. The company has locked in a robust processing flowsheet and aims for a Final Investment Decision by the end of 2026.

Alligator Energy has achieved 70% uranium recovery in its first well test at Samphire, with flow rates and uranium grades exceeding global ISR benchmarks, confirming the technical viability of its in-situ recovery approach.