URANIUM
The Honeymoon uranium project, in South Australia, will require an initial capital investment of $10-million to allow for a restart with a production of 0.88-million pounds of uranium oxide (U3O8) a year.
A prefeasibility study (PFS) found that the Stage 1 re-start will see project developer Boss Resources using the existing solvent extraction plant, with first production expected within 12 months of restart.
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