Boss Energy reported progress in its Honeymoon Uranium Project, producing 57,364lbs of U308 by June 30.

The company is preparing for its initial shipment of uranium to European nuclear utilities, with expected revenue in the current quarter.

The construction of NIMCIX Columns 2 and 3 is progressing on schedule, projected for completion in the third and fourth of 2024, respectively.

Boss Energy anticipates a total production of at least 850,000lbs of U308 by June 30, 2025, aligning with its feasibility study.

Future targets include a capacity of 2.45Mlbs per annum by year three, boosted by further NIMCIX column additions.