Elevate Uranium Completes Assembly of Namibia Pilot Plant; Shares Down 7%

MT Newswires Live

2025/12/15

Elevate Uranium (ASX:EL8) completed the assembly of its U-pgrade demonstration/pilot plant in Namibia, with commissioning and operator training almost finished, according to a Monday filing with the Australian bourse.

The company is expecting steady state operations to start in January 2026, per the filing.

Shares fell 7% in afternoon trade on Monday.

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