Prefeasibility study on the project in southwest Ecuador substantially improves the economic metrics and positions it as a prime development candidate.
The Ohio-based company is North America’s largest flat-rolled steel producer and controls a vast network of mines and shipping lanes on the Great Lakes carrying iron ore.
The company expects to produce between 20,500 – 21,500 tonnes of uranium on a 100% basis and between 10,600 and 11,200 tonnes of uranium on an attributable basis.
