Cauldron Energy (ASX:CXU) has refreshed its strategy and secured a dynamic new team in its focus on the uranium sector and broader energy transition and sustainability thematics, in its investor presentation for March 2023.
Cauldron Energy says nuclear is recognised as critical to delivering baseload electricity for a low carbon future, and has a significant number of new build projects under development, with restarts and life extensions also.
It also says its Yanrey asset in northern Western Australis has a substantial resource of 38.9 Mt @ 360 ppm uranium oxide for 30.9 Mlb uranium oxide.
Cauldron Energy recently held a $2.2M capital raise, and may also sell off its high-grade Victorian Blackwood Gold asset to provide funding for more strategic efforts.