Uranium Asset - Europe

• Location:  Sweden & Finland
• Grade:  0.03% to 0.07% U₃O₈
• Production:  Less than 18 months

Empowering Europe's Green Future with Clean Uranium Resources

We are at the forefront of uranium exploration in Sweden and Finland—two countries poised to play a pivotal role in Europe’s clean energy transition. With a focus on high-grade uranium assets, our projects are strategically positioned to meet the growing demand for nuclear power, projected to triple by 2050.

Geologically Proven Resources: Sweden and Finland host some of the most promising uranium deposits in Europe, leveraging their well-established mining jurisdictions.

Strong European Demand: Driven by the European Union’s commitment to net-zero emissions, nuclear energy is gaining renewed attention as a stable, low-carbon power source.

Responsible Resource Development:We prioritize sustainable practices, working closely with local communities and regulatory authorities to ensure environmentally responsible uranium exploration and development.

The Sweden Project is located in Västergötland, southern Sweden, and is part of the Alum Shale Formation, which contains Europe's largest uranium resource. The million ton of uranium content in the alum shale varies, with the most uranium-rich parts of Billingen having a thickness of 3.5 meters and a uranium content of about 300 grams per tonne.The Swedish Government has proposed lifting the ban on uranium mining and the legislative amendments are proposed to take effect on January 1, 2026.

The Finaland Project's uranium deposit is located in north-central Finland, about 35 km northeast of the town of Kajaani. Discovered in 1959, it is one of Finland's largest known uranium deposits. In 1969, Outokumpu Oy reported a historical resource at Nuottijärvi of 2.9 million tonnes at 0.044% U₃O₈ (2.9 million pounds of U₃O₈).

Global Uranium Market