Why DevEx Resources?
DevEx is a leading exploration company focused on uncovering the next uranium discovery in Australia
One of the few ASX-listed companies fully permitted and actively exploring for high-grade uranium in Australia
Aligned with a strong resurgence in the uranium market – global clean energy transition and strong fundamentals with a forecast supply shortfall driving recent record uranium spot prices
Led by an invested team with a proven track record of delivering strong returns for shareholders
Well placed to execute the Company’s growth strategy focused on acquiring, exploring and developing advanced assets
DevEx holds an unrivalled +14,000km2 of prospective ground in the heart of a world-class uranium province in the Northern Territory, Australia. The region is considered one of the world’s most prospective areas for uranium, with over 700 million pounds of uranium identified (in mined and unmined deposits). As demand for uranium grows, new discoveries will be increasingly critical.
DevEx’s key focus is the Nabarlek Uranium Project, which hosts Australia’s former, highest-grade uranium mine with a past production of 24Mlbs @ 1.84% uranium. DevEx has also recently commenced reconnaissance exploration at the nearby Murphy-West Uranium Project, an under-explored and province-scale asset.
In parallel, DevEx holds other diversified exploration assets focused on building a clean energy portfolio, including the Kennedy Rare Earth Project – one of only a select few ionic clay projects that have been defined in Australia.
Our Vision
To be a New Force in Uranium, DevEx aims 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 Values
Integrity – We do the right thing and do what we say
Energy – We bring energy to everything that we do including our commitments to sustainability, social governance and the environment
Innovation – We advance prospects through the adoption of new approaches and technologies
Entrepreneurship – We remain nimble and have the courage to do things differently in deliver value for our shareholders, while making ethical business decisions
Respect – Our people and our partners are our greatest assets. We are committed to maintaining a safe, respectful and healthy working environment for all employees, contractors and stake holders
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