Toro models transformational changes to WA uranium play

Toro models transformational changes to WA uranium play

A pit re-optimisation, the inclusion of vanadium credits and a change of plant location has turbo-charged Toro Energy’s plan for its WA based Lake Maitland uranium project, leading to a potential 48 per cent hike in uranium production over the life of mine to 23.5 million pounds from 15.8 million pounds and potential vanadium oxide production of 12.2 million pounds. Drilling operations at Toro Energy’s Lake Maitland uranium deposit in WA. Credit: File A pit re-optimisation, the inclusion of vanadium credits and a change of plant location has turbo-charged Toro Energy ’s plan for its WA based Lake Maitland uranium project, leading to a potential 48 per cent hike in uranium production over the life of mine to 23.5 million pounds from 15.8 million pounds and potential vanadium oxide production of 12.2 million pounds.

The company has modelled up the option of a stand-alone uranium mine at Lake Maitland instead […]

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