U92 Energy to invest $5M in Guyana uranium exploration, eyes $150M plant

U92 Energy Corp, via its subsidiary Lia (Guyana), plans to invest US$5 million this year in uranium exploration to determine feasibility of a US$150 million processing plant. The geologist expresses confidence in finding more uranium, but no reserves are confirmed. This signals potential new uranium supply in a region not previously known for uranium production, aligning with clean energy demand.