Black Range Minerals Establishes Joint Venture with Abation Technologies

Black Range Minerals (ASX:BLR) executed a binding Heads of Agreement with Ablation Technologies LLC to establish a joint venture to commercialize ABT’s ablation mineral technology process.

As quoted in the press release:

Ablation is an environmentally sensitive and low cost method of concentrating ore that, based on test work, should enable the Company to produce a high value uranium concentrate from ore at the Company’s 90.9 million pound Hansen/Taylor Ranch Uranium Project in Colorado, USA (“Hansen Project”).

Through the JV, the Company will also have the potential to realise returns from the application of Ablation to other uranium mining operations, worldwide.

Click here to read the Black Range Minerals (ASX:BLR) press release