Building a Global Tier-1 Uranium Producer
Led by a standout uranium team, with a track record of successfully developing projects, Deep Yellow is progressing its dual-pillar strategy to establish a multi-mine company with capacity to produce 10+Mlb per annum.
The Company has acquired and developed a portfolio of geographically diverse exploration, early stage and advanced stage uranium projects, which provides a strong development pipeline and significant growth optionality through expansion of its current uranium resource base by adding uranium “pounds in the ground”.
Deep Yellow has a key competitive advantage being the only ASX-listed company with two advanced projects, Tumas and Mulga Rock, in development. Both projects are at an advanced Definitive Feasibility Stage (DFS), located in Tier-1 uranium jurisdictions (Tumas in Namibia, Mulga Rock in Western Australia) and have a potential production capacity of Tumas (Namibia) 3Mlbpa and Mulga Rock (Western Australia) 3.5Mlbpa, along with a potential 25+ year Life of Mine (LoM) at Tumas and 15+ year LoM at Mulga Rock.
The Company is well positioned for continued organic growth through development of its highly prospective exploration portfolio which comprises Omahola (Namibia) and Alligator River (Northern Territory) and further inorganic growth through further consolidation of targeted high-quality uranium assets. Deep Yellow’s success in executing its growth strategy will provide security and certainty of long-term supply into a growing uranium market.
Importantly, moral and economic acceptance on the critical role nuclear power can play as part of the energy mix is growing, contributing to the global efforts to decarbonise and deliver clean energy. Deep Yellow’s success will provide security and certainty of long-term supply into a growing uranium market.