Elevate Uranium Completes Assembly of Namibia Pilot Plant; Shares Down 7%
MT Newswires Live
Dec 15, 2025
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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