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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.


TSX:GLO - Post by User

Global Atomic Corp
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Post by Betteryear2on Oct 29, 2024 1:53pm
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Post# 36287183

Global Atomic Provides Update

Global Atomic Provides Update

U.S. Development Bank Confirms Schedule for Dasa Funding Approval

TORONTO, Oct. 29, 2024 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) is pleased to provide an update on its Dasa Project in the Republic of Niger.  Dasa is the highest-grade uranium deposit in Africa surpassed only by grades found in Canada's Athabasca Basin and is scheduled to achieve commercial production in early 2026.

Global Atomic Provides Update on the Dasa Project

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