Boss Energy has announced that the commissioning of the first IonExchange (IX) circuit has commenced at its Honeymoon project, bringing the company one step closer to the first drum of uranium this quarter.
Boss Energy said that the rapid progress being made onsite has also resulted in successful modification and refurbishment of the re-agent systems.
Honeymoon is now running 24 hours a day, seven days a week, further accelerating its push towards production and ramp-up.
Boss Managing Director, Duncan Craib, said, “The start of commissioning the IX circuit is highly significant because it shows Boss is on track to produce its first drum of yellow cake this quarter.
“This key milestone follows the continuous operation of the wellfields, water treatment plant, RO system and required reagents.”
Mr Craib said that the company is now in the final stages of putting all the pieces of the project together and remains comfortably on budget and on schedule.
“Our success to date has been underpinned by having our own in-house design, construction, and commissioning team, which has given us greater efficiencies and agilities than would be the case had we used an EPCM or full contractor development model.
“This team will also deliver substantial ongoing advantages to Boss as we grow Honeymoon, utilising more of our significant resource and exploration upside and leveraging the infrastructure we have established.
“With the uranium price recently hitting USD$100 a pound, we are perfectly positioned to capitalise on this huge opportunity.”
