Uranium price highs boost Toro plans for Wiluna play

Toro Energy’s uranium process solutions will be separated, filtered and dried to produce uranium oxide concentrate, often referred to as ‘yellowcake’. With uranium prices soaring globally, Toro Energy has reconfirmed its commitment to constructing its Lake Maitland pilot plant to test ores from three uranium-vanadium deposits within a radius of 110km south-west of Wiluna in Western Australia.

The company, which has declared the project an “asset of global significance”, says its recently-commissioned pilot plant will test improved beneficiation and hydrometallurgical circuits that it has developed from its bench-scale research, at closer-to-production scale and as single streams.

Management says ore drawn from its deposits near Wiluna – namely at Lake Way, Centipede-Millipede and the most distant Lake Maitland – will make up what will ultimately become the company’s extended Lake Maitland operation. Its strategy confirmation comes at a time of resurgent uranium prices that have hit 18-year highs. As Toro continues to […]

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