News, Uranium

Honeymoon to produce first uranium this quarter

uranium, honeymoon

The Honeymoon uranium project in South Australia has passed another key milestone as Boss Energy begins to commission the first ion-exchange (IX) circuit.

The site has also been bolstered by the successful modification and refurbishment of the re-agent systems, meaning Honeymoon is now running 24 hours a day, seven days a week and will produce uranium before the quarter is out.

“The start of commissioning the IX circuit is highly significant because it shows Boss is on track to produce its first drum of yellow cake this quarter,” Boss Energy managing director Duncan Craib said.

“This key milestone follows the continuous operation of the wellfields, water treatment plant, RO system and required reagents.”

Craib said the company is now putting all the pieces of the project together.

“Our success to date has been underpinned by having our own in-house design, construction, and commissioning team, which has given us greater efficiencies and agilities than would be the case had we used an EPCM or full contractor development model,” he said.

“This team will also deliver substantial ongoing advantages to Boss as we grow Honeymoon, utilising more of our significant resource and exploration upside and leveraging the infrastructure we have established.

“With the uranium price recently hitting $US100 a pound, we are perfectly positioned to capitalise on this huge opportunity.”

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