Alligator Energy Completes Pilot Plant Construction at South Australia Project; Shares Rise 5%

MT Newswires Live09:26

Alligator Energy (ASX:AGE) completed the construction of a pilot plant at its Samphire uranium project in South Australia, and has received the care and control of the site, according to a Friday filing with the Australian bourse.

The company can now start the final pre-operation activities at the project, the filing said.

It is on track to begin a field recovery trial in February 2026, with initial results expected in the first quarter of 2026 and a mineral resource estimate due in the first half, the filing added.

Shares of the company rose 5% in recent Friday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment