Pioneer Lithium (ASX:PLN) said it completed an internal review and assessment, and the firm sees its priorities and focus on US projects for the near-term growth strategy, according to a Monday Australian bourse filing.
The firm is currently in the process of submitting a notice of intent to permit maiden drilling at the Skull Creek uranium project in Colorado. Regulatory approvals are underway, and local stakeholder support was secured for future exploration at the Warmbad uranium project in Namibia.
It also decided to withdraw from its acquisition of the Gaobis uranium project in Namibia.