Alligator Energy signs with Traxys in first step towards becoming a uranium producer

Alligator Energy signs with Traxys in first step towards becoming a uranium producer

Uranium and cobalt-nickel explorer, Alligator Energy (ASX:AGE) , has made the first step towards becoming a uranium producer, after announcing a strategic agreement with global commodities trader, Traxys. The agreement saw Alligator forming an exclusive partnership with Traxys North America LLC, the US arm of the commodities trading group Traxys.

Under the deal, Traxys will provide a full scope of work for Alligator’s uranium project, which includes marketing services on future uranium production, long term off-take contracting, and project development financing.

Traxys will also assist Alligator in project acquisition opportunities. Becoming a uranium producer

Traxys is a well-known global player in the trading of metals, minerals and alloys, with a turnover exceeding US$6 billion annually.The company’s uranium trading division covers the regions of Americas, Europe, Australia and Asia, and transacts up to 15 million pounds of U308 annually. It also manages contract supply books in conversion, UF6, futures and options.Alligator believes […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet