Western Uranium expects Utah initial production in 2026

Jan 25, 2023

2023-01-25 13:42 ET – News Release

Mr. George Glasier reports

WESTERN URANIUM & VANADIUM CORP. PROCESSING FACILITY UPDATE

Western Uranium & Vanadium Corp. has provided further details on its previous announcement regarding a new mineral processing facility in Utah to be built by the company in the Green River Industrial Park.

Western’s mineral processing facility (the “Facility”) will complement other planned strategic uses of the Industrial Complex, including a nuclear power plant, oil refinery and inland port facility. It is also an ideal location for a vanadium redox flow battery plant, as substantial amounts of vanadium will be produced from Western’s Facility.

The Facility is expected to be licensed and constructed for annual production of two million pounds of U3O8 and six to eight million pounds of V2O5. Initial production from the Facility is expected in 2026.

Western’s currently producing Sunday Mines Complex and planned production from the San Rafael Uranium Project, located eight miles west of the Facility site in Emery County Utah, will initially provide uranium and vanadium ore feed to the Facility. The capacity of the Facility can be scaled-up as Western develops additional mines and to process ore for other mining companies requiring third party processing services.

About Western Uranium & Vanadium Corp.

Western Uranium & Vanadium Corp. is a Colorado-based uranium and vanadium conventional mining company focused on low cost near-term production of uranium and vanadium in the western United States, and development and application of kinetic separation.

We seek Safe Harbor.

https://www.western-uranium.com/