Connect with us

Hi, what are you looking for?

Wealthy Nation TodayWealthy Nation Today

Investing News

Greenvale Energy: Strategic Exploration of Prospective Uranium Assets in Queensland, Northern Territory

Greenvale Energy (ASX:GRV) provides investors with a compelling entry point into the high-growth nuclear energy sector through its highly prospective uranium exploration projects. These are complemented by strategic assets with significant bitumen and renewable geothermal energy potential—all backed by a seasoned management team with a strong track record of delivering shareholder value.

Greenvale is building a diversified portfolio of projects aimed at advancing a sustainable, low-carbon energy future. The company’s assets include early-stage uranium projects in the Northern Territory, the advanced-stage Oasis uranium project in Queensland, and the Alpha Torbanite and Millungera Basin geothermal projects, also in Queensland.

Greenvale Energy

The Alpha Torbanite Project presents a strategic opportunity for Greenvale Energy to support Australia’s infrastructure sector by providing a domestic source of bitumen—a critical material currently supplied entirely through imports. The project hosts a significant Inferred Resource of 28 million tonnes of torbanite and cannel coal, positioning Greenvale to potentially secure a meaningful share of the national bitumen market, which is estimated at around 1 million tonnes annually.

Company Highlights

  • Uranium exploration portfolio across the Northern Territory and Queensland
  • Advanced-exploration, high-grade Oasis project with intercepts up to 0.72 percent U3O8 (15.8 lbs/ton)
  • Strategic coverage of the Northern Territory, with four uranium projects targeting sandstone hosted and unconformity style deposits
  • Alpha Torbanite project with 28 Mt inferred resource, positioned to be the only local producer that can supply Australia’s bitumen market (consuming ~1 Mt annually through 100% imported material)
  • Millungera Basin geothermal project with potential for 3.4 GW continuous power generation
  • Experienced board and management team, Chaired by Neil Biddle, founding director of Pilbara Minerals
  • Substantial R&D grant support for the Alpha Torbanite project, having successfully secured over $3 million in non-dilutive grant funding
  • Projects aligned to the long-term zero-carbon energy transition

This Greenvale Energy’s profile is part of a paid investor education campaign.*

Click here to connect with Greenvale Energy (ASX:GRV) to receive an Investor Presentation

This post appeared first on investingnews.com

You May Also Like

Latest News

Salvage crews have recovered the boom from the $40 million Bayesian luxury yacht, which sank off the coast of Sicily in August 2024, killing...

Latest News

Think of Japan’s famed yakuza gangs and you might think of heavily tattooed men getting into bloody fights – the stuff of action films...

Stock News

For those of you who are a bit more steeped in technical analysis, you’ve likely heard of Dow Theory. A set of principles developed...

Editor's Pick

Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and development...