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Okapi Resources Ltd. ( (AU:GUE) ) has shared an announcement.
Urenco Limited has received approval from the Foreign Investment Review Board (FIRB) for its investment in Ubaryon Pty Ltd, where Global Uranium and Enrichment Limited (GUE) is a major shareholder. This strategic partnership is expected to aid in the commercialization of Ubaryon’s unique uranium enrichment technology, which simplifies the enrichment process by eliminating the need for conversion and deconversion, potentially enhancing flexibility in the nuclear fuel supply chain.
More about Okapi Resources Ltd.
Global Uranium and Enrichment Limited (GUE) is a company involved in the uranium enrichment industry, focusing on strategic partnerships to enhance its market position. It holds a 21% ownership in Ubaryon Pty Ltd, a private Australian company developing innovative uranium enrichment technology.
Average Trading Volume: 1,278,513
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$26.42M
Find detailed analytics on GUE stock on TipRanks’ Stock Analysis page.