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The latest update is out from Snow Lake Resources ( (LITM) ).
On December 19, 2025, Snow Lake said that portfolio company Ubaryon is advancing its proprietary uranium enrichment technology and related isotope separation innovations, supported by a recent investment from global enrichment player Urenco and independent reviews confirming the technology has reached Technology Readiness Level 4. Ubaryon, in which Snow Lake has an indirect and growing interest through its stake in Global Uranium and Enrichment Limited, has expanded its technical team, reported promising results from chlorine isotope separation work for potential use in molten salt reactors, developed a patent-pending sorbent powder for recovering uranium from waste solutions, and secured key Australian regulatory clearances, including a Foreign Investment Review Board “no objection” for Urenco’s investment and in-principle Defence Export Control approval for future commercial dealings, reinforcing the technology’s commercialization pathway and regulatory credibility within the nuclear fuel market.
More about Snow Lake Resources
Snow Lake Resources Ltd., doing business as Snow Lake Energy, is a Canadian nuclear fuel cycle and critical minerals company listed on Nasdaq under the ticker LITM. The firm focuses on U.S.-oriented uranium projects, including the Pine Ridge exploration project in Wyoming and the Engo Valley uranium project in Namibia, and holds additional early-stage critical minerals assets in Manitoba as well as stakes in North American rare earths and lithium companies. Snow Lake is also building exposure to next-generation uranium enrichment technologies and small modular reactors, positioning itself across the emerging clean nuclear energy supply chain.
Average Trading Volume: 1,741,072
Technical Sentiment Signal: Sell
Current Market Cap: $49.4M
Learn more about LITM stock on TipRanks’ Stock Analysis page.

