Marenica is one of the most active uranium focused companies listed on the ASX. Marenica has been proactive through the period of low uranium prices, building the company through organic and inorganic growth. Marenica has geographically diverse assets with a successful exploration program in Namibia with significant upside potential, and recently acquired assets in Australia.
These assets are high value assets in their own right, but when Marenica applies its proprietary beneficiation process (U-pgradeTM), the value addition takes these assets to another level. U-pgradeTM is a patented beneficiation process developed in house and has the potential to reduce the capital and operating costs by 50% compared to conventional technology.
U-pgradeTM, a process that no other uranium company has, provides Marenica with a strategic advantage which clearly differentiates it from its peers.