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Deep Yellow Limited (DYL.AX) 2023 Sustainability Report

2024-02-12 04:22 ET - News Release

Perth, Australia, Feb 12, 2024 - (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce it has issued its 2023 Sustainability Report for the financial year ending 30 June 2023.

This is the fourth Sustainability Report issued by the Company and the first one to be prepared in accordance with the Global Reporting Initiative (GRI) Standards including the GRI Sector Standard for Mining exposure draft. The comprehensive materiality assessment and data collection reported upon provide an excellent baseline that will serve Deep Yellow well as its projects progress to development and production and the Company grows in scale and complexity.

*To view the Sustainability Report, please visit:
https://abnnewswire.net/lnk/843Y756V


About Deep Yellow Limited:

Deep Yellow Limited (ASX:DYL) (OTCMKTS:DYLLF) is successfully progressing a dual-pillar growth strategy to establish a globally diversified, Tier-1 uranium company to produce 10+Mlb p.a.

The Company's portfolio contains the largest uranium resource base of any ASX-listed company and its projects provide geographic and development diversity. Deep Yellow is the only ASX company with two advanced projects - flagship Tumas, Namibia (Final Investment Decision expected in 1H/CY24) and MRP, Western Australia (advancing through revised DFS), both located in Tier-1 uranium jurisdictions.

Deep Yellow is well-positioned for further growth through development of its highly prospective exploration portfolio - ARP, Northern Territory and Omahola, Namibia with ongoing M&A focused on high-quality assets should opportunities arise that best fit the Company's strategy.

Led by a best-in-class team, who are proven uranium mine builders and operators, the Company is advancing its growth strategy at a time when the need for nuclear energy is becoming the only viable option in the mid-to-long term to provide baseload power supply and achieve zero emission targets.

Importantly, Deep Yellow is on track to becoming a reliable and long-term uranium producer, able to provide production optionality, security of supply and geographic diversity.


Contact:
 
John Borshoff
Managing Director/CEO
T: +61-8-9286-6999
E: john.borshoff@deepyellow.com.au
W: www.deepyellow.com.au

Media:
Cameron Gilenko
T: +61-466-984-953
e: cgilenko@citadelmagnus.com 


Source:
Deep Yellow Limited

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