District Metals publishes investor deck on Sweden Viken uranium-vanadium deposit development plans

Reuters2026/07/22 01:01

By:Reuters

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District Metals highlighted the Viken uranium-vanadium alum shale project in Sweden as its core asset, described as the largest undeveloped uranium deposit globally.
2026 preliminary economic assessment outlined after-tax NPV(8%) of US $2.88 billion, IRR of 46%, payback of 2.1 years, initial capex of US $876 million.
Phase 1 plan targets 3.3 million lbs U3O8 per year over a 13-year mine life, with negative all-in sustaining cash costs of (-) US $118/lb U3O8.
2025 inferred resource cited at 4,333 million tonnes grading 161 ppm U3O8, containing 1,538 million lbs U3O8; indicated resource 456 million tonnes.
Share count shown at 190,807,421 basic shares, 213,990,421 fully diluted; warrants 6,045,500, options 14,062,500.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. District Metals Corp. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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District Metals publishes investor deck on Sweden Viken uranium-vanadium deposit development plans

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