Yeelirrie

Location Western Australia
Ownership 100%
End product Uranium concentrates
Potential mine type Open pit
Estimated resources 127.3 million pounds (measured and indicated), average grade U3O8: 0.16%

Background

In 2012, we paid $430 million (US) (as well as $22 million (US) in stamp duty) to acquire the Yeelirrie uranium deposit. The deposit was discovered in 1972 and is a near-surface calcrete-style deposit that is amenable to open pit mining techniques. It is one of Australia’s largest undeveloped uranium deposits.