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Elevate Uranium Ltd ( (AU:EL8) ) just unveiled an announcement.
Elevate Uranium Ltd has successfully assembled and is nearing the completion of commissioning its proprietary U-pgrade™ Demonstration/Pilot Plant in Namibia. This development marks a significant milestone for the company, as it prepares to commence steady state operations in January 2026. The plant aims to validate the U-pgrade™ beneficiation process on a continuous operational basis, using ore from the Koppies and Marenica projects. The data collected will inform technical studies for these projects, potentially enhancing the company’s industry positioning and operational capabilities.
The most recent analyst rating on (AU:EL8) stock is a Hold with a A$0.29 price target. To see the full list of analyst forecasts on Elevate Uranium Ltd stock, see the AU:EL8 Stock Forecast page.
More about Elevate Uranium Ltd
Elevate Uranium Ltd is a company operating in the uranium industry, focusing on the development and commercialization of uranium projects. The company is involved in the exploration and advancement of uranium resources, with a market focus on enhancing uranium beneficiation processes.
Average Trading Volume: 1,652,366
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$123.4M
For an in-depth examination of EL8 stock, go to TipRanks’ Overview page.