Metals One has signed an agreement with DISA Technologies to assess and potentially treat uranium mine waste dumps at its Uravan Belt Uranium-Vanadium Project in Colorado, US.
This agreement and partnership seeks to recover saleable uranium and other critical mineral concentrates at the project.
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The Uravan project, acquired by Metals One in July 2025, comprises 59 unpatented mining claims near the historic Buckhorn Mine within the Uravan Mineral Belt.
The project contains eight abandoned uranium waste dumps that are suitable for potential recovery.
In September 2025, Metals One reported uranium grades of up to 41,768 parts per million from historic waste material. The new agreement builds on a previous collaboration with DISA announced during this period.
DISA will now lead exploration work at the Uravan site, deploying modular mobile plants using high-pressure slurry ablation (HPSA) technology.
Under the agreement, Metals One will receive a gross revenue share from the sale of uranium and critical mineral concentrates, while DISA will operate and manage related costs.
DISA’s HPSA process, which treats surface dumps, has been licensed by the US Nuclear Regulatory Commission for remediation efforts.
The process aims to remove significant uranium and radium content from the waste, aligning with US Government support for domestic mineral recovery.
Next steps include conducting a characterisation programme to estimate mineral quantities, securing necessary permits and potentially selling metals concentrates, with resulting revenues shared with Metals One.
Metals One managing director Daniel Maling said: “The Uravan project sits within one of the US’ most prolifically mined uranium belts. Assays from Metals One’s initial exploration activities last year indicate the exceptional grades historically mined from within the project, with multiple samples containing uranium and vanadium at ore-grade levels.
“It follows that there is a significant opportunity to apply DISA’s breakthrough process to remediate abandoned uranium mine waste from the identified sites and recover valuable uranium and critical minerals, whilst improving the environmental legacy from historical mining.”
