A New Force in Uranium

Global uranium demand is forecast to more than double by 2040¹ as countries accelerate the energy transition and recognise nuclear as a safe, scalable, low-carbon baseload power source. With supply deficits widening, DevEx Resources is well positioned to support this shift by discovering and delivering new uranium into the global pipeline.

Our vision is to be a New Force in Uranium; to build a high-quality uranium house through industry consolidation and successful exploration and development, with an aspirational long-term vision to produce over 10Mlbs per year across multiple assets.

Our strategy

Find, build and operate within a world-class mining region

• Nabarlek Uranium Project – Targeted exploration and systematic drilling across highly prospective landholdings in a premier uranium province, seeking high-grade unconformity systems and targeting a Jabiluka-scale discovery (300+ Mlbs).
• Murphy West Uranium Project – Maiden drilling campaign targeting unconformity-type and Westmoreland-type uranium systems.

Unlock a pipeline of
growth assets

• Execute disciplined M&A – Focus on Australia and the Americas to accelerate portfolio growth through access to more advanced projects in order to develop into lower quartile operating assets.

Be the Partner of Choice

• Exceptional Engagement – Foster early, enduring and respectful partnerships with Traditional Owners, local communities, regulators, governments and industry partners.
• Environmental stewardship – Continue to build on our site remediation experience to become the industry leaders in safe and sustainable site management

¹ World Nuclear Association, September 2023. The Nuclear Fuel Report, Global Scenarios for Demand and Supply Availability 2023–2040.