Global Atomic provides a unique combination of high grade uranium development and cash flow from a recycling facility that produces zinc concentrate.

A tier 1 deposit modelled at US$75/lb U3O8: Dasa Uranium

  • Highest grade deposit ex-Athabasca, with a mine plan life-of-mine average grade 0.41% U3O8
  • 80% owned by Global Atomic; 20% owned by the Republic of Niger
  • A large deposit with global resources in excess of 283 Mlbs U3O8 using a 100 ppm cut-off grade
  • Ore body remains open at depth and along strike, with significant exploration potential in the tenement area
  • Phase 1 Mine plan to produce 68 Mlbs U3O8 at cash costs(1) (including royalties) of US$30.73/lb and AISC(2) of US$35.70/lb

    • (1) Cash cost per pound represents mining, processing, onsite and offsite general and administrative costs, selling expenses and royalties, divided by recovered U3O8
    (2) All-in sustaining cost per pound of uranium represents mining, processing, site and offsite general and administrative costs, royalties and sustaining capital expenditures including rehabilitation provision, divided by recovered U3O8

Republic of Niger

  • Republic of Niger producing uranium continuously since 1971, exporting to nuclear power utilities in France, United States and other global destinations
  • Favourable permitting environment
  • Supportive government and established mining code for uranium production
  • Excellent infrastructure at mine site, including roads, grid power, water supply and trained labour force from a previous mining operation that depleted its ore body in 2021

Cash flow from recycling steel dust to produce zinc oxide concentrate: Befesa Silvermet JV

  • New Waelz Kiln operated by Befesa S.A, owned 49% by Global Atomic
  • Annual throughput capacity 110,000tpa to produce 60 million pounds of zinc
  • JV partner, Befesa S.A, world leader in dust recycling