
Elevate Uranium (ASX: EL8)
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Elevate Uranium (ASX: EL8/OTCQX: ELVUF) is a uranium development company with significant resources in Namibia and Australia. The company has made four discoveries in Namibia, contributing to a global resource of 160 million pounds of U3O8. Elevate Uranium is one of the most active uranium companies on the ASX and is committed to the future development of its projects, and ongoing exploration programs focused on growing its global resource base.
The company's assets are further enhanced through its proprietary beneficiation process called U-pgrade™. This patented process, developed in-house, is designed to increase the value of the company's near-surface projects. Successful testing of the process highlighted its potential to significantly reduce capital and operating costs by as much as ~50% compared to conventional processes. U-pgrade™ gives Elevate Uranium and its portfolio of projects a strategic advantage, setting it apart from its peers and providing value and development optionality.
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