MEY.ASX
Marenica Energy transforms into Elevate Uranium as sector grows and money flows
In November 2020, Marenica Energy (ASX: MEY) raised $5.4 million at $0.088 per share. On Friday, just over six months later, that same stock closed at $0.35 per share — just one more uranium company that is experiencing renewed investor enthusiasm after years of low levels of interest in what for a long time was […]
Uranium stocks rally as nations tighten emissions targets
The uranium industry is setting up for an accelerated rise in prices with a supply deficit looming and demand growing as governments target ‘cleaner and greener’ energy sources – a sector in which nuclear power didn’t seem to be considered until now. Nuclear power has been sidelined by governments for years, hampered by its dangerous […]
Uranium stocks take off as US Senate committee clears Trump plan for strategic reserve
The US Senate Committee on Environment and Public Works has passed a bill that approves the establishment of a national uranium strategic reserve. The new bill, which will almost certainly pass the whole US Senate because it has bipartisan support, excludes any Chinese or Russian company involvement in supplying uranium to the stockpile. But Australia, […]
Marenica Energy again reduces uranium mining cost, lowers threshold for production economics
While Marenica Energy (ASX: MEY) is focused on its flagship Namibian uranium projects as the prime potential company makers, it is not letting the grass grow under its feet with its second pillar, a clutch of Australian projects. It now seems that its own patented beneficiation process, U-pgrade, could unlock projects in both countries. Tests […]