Uncertainty Remains Over Dasa Uranium Financing As Global Atomic Moves Production Start Date

Project has ‘progressed significantly’ and Niger has offered ‘strong support’

Uncertainty Remains Over Dasa Uranium Financing As Global Atomic Moves Production Start Date
Dasa is the highest-grade uranium deposit in Africa and is scheduled to achieve commercial production in the first half of 2026. Courtesy Global Atomic.

Global Atomic has moved the production start date for its Dasa uranium project in Niger from the first quarter of 2026 to the first half of the year with uncertainty remaining over financing.

The Canada-based company’s chief executive officer Stephen Roman said in the company’s annual results announcement that the development of Dasa has “progressed significantly” since mine opening in November 2022, but with financing still not finalised “it is necessary to be flexible with our plant commissioning”.

Roman said: “Once financing is secured, we will implement strategies to accelerate the development.”

According to Roman, the Niger government continues to offer “strong support” for Global Atomic and the Dasa Project.

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