Chamwe Kaira
Elevate Uranium Ltd says shipping delays have pushed back the arrival of its U-pgrade pilot plant in Namibia to early November instead of early October. The company said the plant will be assembled on-site and begin operations as soon as possible.
During the quarter ended in September, Elevate completed the design, construction and final factory testing of the pilot plant in Perth. The U-pgrade process removes gangue waste material and concentrates uranium minerals into a low-mass, high-grade concentrate before leaching.
Elevate Uranium is listed on the Australian Securities Exchange and focuses on uranium exploration, development and the application of its U-pgrade beneficiation process. The company has uranium projects in both Namibia and Australia.
In Namibia, Elevate Uranium operates two key project areas: the Koppies Project Area (KPA) and the Central Erongo Project Area (CEPA). Within CEPA, the Marenica Uranium Project holds an inferred uranium resource of 61 million pounds. At the Koppies Uranium Project, the company has identified an inferred resource of 66.1 million pounds. Both project areas are located in the central and southwestern Erongo region.
On-site infrastructure and pre-installation logistics are already in place and ready for the arrival and installation of the pilot plant. Once operational, the plant will process at least 60 tonnes of uranium material to support the company’s development and testing plans.
During the quarter, exploration at the Namib IV prospect—located within the Koppies Project—focused on defining the extent of mineralisation across the central area. The company is advancing Namib IV toward a maiden mineral resource estimate expected in early 2026. Namib IV lies about 10 kilometres south of the Koppies Resource.
Elevate said its mineral licence issued by the Ministry of Mines and Energy is awaiting renewal. “The renewal application has been submitted to MME and is pending MME’s licence review board decision on the renewal or otherwise of the licence,” the company said.
The firm added that the environmental clearance certificate (ECC) has been renewed by the ministry, but the Ministry of Environment, Forestry and Tourism must still grant formal renewal before the licence can be endorsed and made active.
