21 July 2025
21 July 2025
The negotiation deadline for a new economic and security deal between the countries is 1 August.
Lifezone also gains complete control of 100% of the offtake from the nickel project.
The company now expects the first stage of the Jansen project to cost between $7bn and $7.4bn.
The delay in this year's quotas is partly due to a proposal introduced in February to add imported ore to the quota system.
The approved MDL area encompasses all of Westmoreland’s defined uranium deposits – Redtree, Huarabagoo, Junnagunna and Long Pocket.
The funds will facilitate GeologicAI's global expansion and further development of its proprietary AI and sensor technologies.
A memorandum of understanding outlines the intention to establish supplies of natural uranium concentrate for Slovak nuclear plants.
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