https://newsletter.mw.creamermedia.com
Construction|Energy|Flow|Mineral Processing|Mining|Projects|Storage|Technology|Equipment|Flow|Solutions|Operations
Construction|Energy|Flow|Mineral Processing|Mining|Projects|Storage|Technology|Equipment|Flow|Solutions|Operations
construction|energy|flow-company|mineral-processing|mining|projects|storage|technology|equipment|flow-industry-term|solutions|operations

Western selects site in Utah for uranium/vanadium/cobalt plant

24th January 2023

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

CSE-listed Western Uranium and Vanadium has acquired property in Utah to build a state-of-the-art mineral processing plant to recover uranium, vanadium and cobalt.

The plant will process ore mined from mines owned by Western, notably the Sunday mine complex, and ore produced by other miners.

“This is one of the most significant events in the history of our company. The processing facility, when completed, will provide Western with uranium and vanadium to sell into improving markets and thus result in substantial cash flow from operations,” said president and CEO George Glasier on Monday.

The company is confident that the uranium market is in the early stages of a sustained upswing, with demand projected to exceed available supply in the next several years. While capital for good projects appears to be available, the ready supply of mining and processing equipment, as well as the workforce needed, could be a challenge to meet future demand.

Western also believes that the vanadium market is poised for growth as vanadium redox flow batteries are increasingly deployed as stationary energy storage solutions.

At the request of a number of individuals and entities, the facility will be designed to recover cobalt, a metal essential in battery technology and electric vehicles. Within the state of Utah, there are numerous occurrences of cobalt which may be economical to mine, if a processing facility were available. Construction of the cobalt circuit at the facility will be dependent on the availability of feed material.

Edited by Creamer Media Reporter

Comments

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.053 0.134s - 128pq - 2rq
Subscribe Now