The future of uranium mining in Australia
Australia is one of the most important players in the global uranium market. With new mines in development and potential new markets opening up, what is the outlook for uranium mining in the country?
11 March 2024
11 March 2024
Australia is one of the most important players in the global uranium market. With new mines in development and potential new markets opening up, what is the outlook for uranium mining in the country?
Prices were also driven up by months of massively ramped-up buying by central banks and Chinese investors.
The company will now focus on exploration efforts in Australia, with the aim of managing operating expenditure more prudently.
The company is processing uranium again following an increase in the price of uranium fuel.
The placement will see the issuance of 179,591,836 fully paid ordinary shares at A$1.225 apiece.
The latest proposal values the equity of MC Mining between A$69.3m ($45.8m) and A$81.5m.
The company issued three million common shares for the property, which consists of 45 claims.
The undertaking is proving not to be financially or environmentally viable.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.