Toro Energy Limited (AU:TOE) has released an update.
Toro Energy Ltd is advancing its Wiluna Uranium Project with a pilot plant set for operation in late 2024, following successful bench-scale research. The company has also expanded its uranium and vanadium resources at the Wiluna deposits due to improved economic factors. Additionally, Toro Energy has completed a significant funding placement and is exploring a demerger of non-core assets, strengthening its financial position.
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