Latest Uranium Recovery News

GTi Energy has marked a pivotal quarter with a positive scoping study for its Lo Herma uranium project in Wyoming, securing $4.5 million in funding led by Snow Lake Energy and gaining regulatory approval to begin drilling this September.

Peninsula Energy advances commissioning at its Lance uranium project, resets most sales contracts to reduce risk, and secures a $15 million debt facility to support production ramp-up.

Deep Yellow Limited reports significant progress at its flagship Tumas uranium project in Namibia and successful pilot testing at Mulga Rock in Australia, supported by a robust cash position of A$217.4 million.

Peninsula Energy has locked in a $15 million debt facility from Davidson Kempner to advance commissioning at its Lance uranium project and support an upcoming equity raise. The funding aims to sustain momentum towards production resumption and ASX relisting.

Alligator Energy advances regulatory approvals and construction preparations for its Samphire Uranium Project’s Field Recovery Trial, a critical step toward commercial production.

Peninsula Energy has received critical regulatory approvals for its Kendrick Project in Wyoming, paving the way for uranium recovery operations and advancing its broader Lance Projects development strategy.

GTI Energy reports positive uranium leach test results at its Lo Herma ISR Uranium Project, confirming mineralisation amenable to alkaline in-situ leach with recoveries around 75%. The company’s scoping study is on track for Q2 2025, supported by updated resource estimates and hydrogeological data.

Peninsula Energy has postponed commissioning of its Lance Uranium Project’s Central Processing Plant to the June quarter, prompting a downward revision of production forecasts through 2027 amid leadership changes and share suspension.

GTI Energy Ltd reports promising uranium leach test results from its Lo Herma project in Wyoming, demonstrating approximately 75% recovery rates consistent with regional ISR operations. These findings underpin the upcoming Scoping Study expected in H1 2025.

Clean TeQ Water Limited reports a landmark $11 million contract for its PHOSPHIX® phosphate removal plant in Ireland, alongside successful project deliveries and lithium recovery breakthroughs, setting the stage for improved financial performance in 2025.

Peninsula Energy has resumed uranium production at its flagship Lance Projects in Wyoming after a five-year pause, marking a pivotal step towards becoming a fully independent uranium producer. The company also announced key executive appointments and progress on plant construction despite some cost overruns and operational challenges.

Aurora Energy Metals has executed a landmark Option Agreement with Eagle Energy Metals for its flagship Aurora Uranium Project, unlocking up to US$26 million in share consideration and retaining significant exposure through a 40% equity stake. The company also reports improved uranium recovery rates and strategic expansion into Western Australia.