project · Canada
Arrow
A very large, high-grade undeveloped uranium deposit in the Athabasca Basin.
PermittingPermittingProject score 86
Operator
Independent
Country
Canada
Mine life
11 yrs
Capex
$1.6B
Profile
Resource, economics and jurisdiction
- Resource
- High-grade basement-hosted uranium resource of exceptional scale.
- Production
- Planned output of around 30 Mlbs U3O8 annually.
- Economics
- Robust economics at prevailing uranium prices.
- Infrastructure
- Road access and grid connection planned; regional milling expertise.
- Jurisdiction
- Very low risk
- Ownership
- NexGen Energy 100%
- Region
- Saskatchewan
Overview
What this asset is
A very large, high-grade undeveloped uranium deposit in the Athabasca Basin.
Methodology
Earthern Project Score 86
Version v0.1
- Resource Quality
- 90 (weight 1.2) — Grade, continuity and metallurgical complexity of the resource.
- Project Scale
- 89 (weight 1) — Annual output potential relative to the global market for its primary mineral.
- Development Stage
- 85 (weight 0.9) — How far the asset has advanced toward or through production.
- Jurisdiction
- 88 (weight 1.1) — Political stability, permitting predictability and rule of law.
- Infrastructure
- 88 (weight 0.9) — Access to power, water, transport and processing capacity.
- Economics
- 91 (weight 1.2) — Cost position and margin resilience through the price cycle.
- Strategic Importance
- 86 (weight 1) — Relevance to national critical mineral strategies and allied supply chains.
- Supply-Chain Value
- 89 (weight 1) — Whether the asset relieves a genuine downstream bottleneck.
- Sustainability
- 79 (weight 0.9) — Carbon intensity, water use, tailings approach and community standing.
- Execution Risk
- 88 (weight 1) — Technical, financing and schedule risk to reaching nameplate output. Higher is lower risk.
Materials
Minerals produced
Assets