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Global Atomic formalises offtake agreement with North American utility

Toronto-listed Global Atomic has formalised its June 2022 letter of intent by signing a definite agreement with a major North American utility for the procurement of uranium from the Dasa project, in Niger. The agreement represents the supply of up to 2.1-million pounds U3O8 within a multi-year delivery window beginning in 2025, representing about 7% of Dasa's yearly production over the period with a revenue potential of more than $110-million in real terms.
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