07:42 AM EDT, 08/19/2024 (MT Newswires) -- Global Atomic ( GLATF ) , which lost nearly 4% on Friday, on Monday announced that the government of the Republic of Niger has confirmed its support for the Dasa Project.

Niger President Tiani and the Council of Ministers issued the confirmation on Aug. 15.

"We are pleased to see that the government recognizes not only the socio-economic benefits that accrue to Niger from Dasa, but also the excellent ESG work we have been doing since 2008," said the President and CEO Stephen Roman. "We continue to develop the Dasa Project and look forward to bringing the mine and the processing plant into production at the end of 2025, for delivery of yellowcake to utilities in the U.S. and other countries in early 2026."