Tech deal gives Namibia uranium project wings

ASX-listed Marenica Energy and fellow-listed Deep Yellow have inked a technology licence agreement that will see Marenica provide its U-pgrade technology to develop the Tumas uranium project, in Namibia. Marenica’s U-pgrade technology could potentially deliver significant project and operating cost savings at Tumas, and the two parties have agreed to share the potential value created by combining the Tumas resource with the technology.