Global Atomic Corp T.GLO

Alternate Symbol(s): GLATF

Metals & Mining Industrial Metals & Minerals

Global Atomic Corporation is a Canada-based company, which provides a combination of high-grade uranium mine development and zinc concentrate production. The Company operates through two segments: the Uranium Business and the EAFD Business. The Company’s Uranium Business activities presently take place in Niger, Africa. The Uranium Business segment includes four deposits with the flagship Dasa project. The Dasa project is a high-grade uranium deposit that lies within the Adrar Emoles III licence area, approximately 105 kilometers (km) south of the established uranium mining town of Arlit, in the Republic of Niger. The Company Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a zinc production plant, located in Iskenderun, Turkey. The plant recovers zinc from Electric Arc Furnace Dust (EAFD) to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world.

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Global Atomic Corp

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Post by lithomonon Dec 10, 2020 8:57am

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Post# 32075402

China's Aggressive Reactor Build Program & Supply via Africa

Good call Twentyfourcarat. Perhaps China focusing-in on GLO's Uranium abundance.

There appears to be something brewing, given the GLO share price beginning to make its move to reflect ongoing progressive developments.

Maybe approval of the Uranium mining permit is progressing well.

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Advancing flagship Ishkõday Gold Project in Ontario