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An update from Elevate Uranium Ltd ( (AU:EL8) ) is now available.
Elevate Uranium Ltd has announced the upcoming shipment of its U-pgrade™ Pilot Plant to Namibia, marking a significant step in validating its beneficiation process. The plant, which is expected to process at least 60 tonnes of uranium material, will provide crucial data for future technical studies and commercialization efforts. The operation is anticipated to commence in November, with results being analyzed over a four to five-month period, potentially impacting the company’s development pathway and industry positioning.
More about Elevate Uranium Ltd
Elevate Uranium Ltd is a company operating in the uranium industry, focusing on the development and commercialization of uranium beneficiation processes. The company is primarily engaged in advancing its U-pgrade™ process, which aims to enhance the efficiency and scalability of uranium ore processing, with a market focus on its projects in Namibia.
Average Trading Volume: 897,560
Technical Sentiment Signal: Sell
Current Market Cap: A$102.2M
Learn more about EL8 stock on TipRanks’ Stock Analysis page.