{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Global Atomic (TSX:GLO) - Advancing Uranium Production in Niger","html":"","width":"100%","height":180,"duration":1111,"description":"Interview with Stephen G. Roman, President & CEO of Global Atomic Corp.Our previous interview: https://www.cruxinvestor.com/posts/global-atomic-tsxglo-uranium-operations-rapidly-advancing-to-production-5874Recording date: 15th October 2024Global Atomic Corporation (TSX:GLO) is positioning itself as a key player in the uranium mining sector, with its Dasa project in Niger progressing rapidly towards production. As the global demand for clean energy grows and nuclear power gains renewed attention, Global Atomic presents a compelling investment opportunity in the uranium space.The company is on track to commence uranium production in Q1 2026, a timeline that aligns with upcoming supply contracts and establishes Global Atomic as a reliable producer in the market. CEO Stephen Roman reports significant progress in project development, stating, \"I would say the mine is, from my point of view, 75% there.\" Underground development is well advanced, with ore already being brought to the surface as part of the development work. The company has completed its first large-diameter ventilation raise and is moving on to the second, crucial steps in establishing the mine's infrastructure.While mine development is at an advanced stage, mill construction is progressing steadily, estimated to be \"30% to 35% there.\" Earthworks are completed, and civil works are beginning, with key components like the acid plant and grinding mill being fabricated and shipped to the site.One of Global Atomic's key strengths is its strong relationship with the Niger government. The company has received a letter from the president declaring the Dasa project a strategic asset of national importance, providing political security and facilitating smoother operations. This high-level support sets Global Atomic apart in a region where political risk is a significant consideration for investors.The company's recent equity raise demonstrated strong support from both institutional and retail investors, bringing...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}