Uvre forges uranium deal in South Australia’s world-class yellowcake district

Uvre is set to acquire three uranium exploration prospects on two licence applications in South Australia’s Frome Basin. Pic via Getty Images share

Uvre has entered into a binding agreement to acquire 100% of the issued capital in Uranium SA

Uranium SA holds three prospects across two exploration licences

The company plans to kick off exploration in August Special report: Uvre has entered into a binding agreement to acquire 100% of the issued capital in Uranium SA, a special purpose vehicle with three uranium prospects across two exploration licences in South Australia’s Frome basin. As a major exporter of uranium oxide, South Australia hosts nearly a quarter of the world’s uranium resources and major deposits including BHP’s (ASX:BHP) Olympic Dam, the world’s largest uranium deposit, Four Mile, Yarramba and the Beverley mines.The state is renowned for being proactive in uranium exploration and development, as demonstrated last […]

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