Uranium American Resources (OTCBB: UARI) signed an agreement that lets Wyoming-based DISA Uranium treat abandoned mine waste at the Stateline Project and recover uranium and other minerals from it, Investing News Network reported on October 16, 2026.
DISA will remediate the surface material left from earlier mining and separate a fine-particle concentrate stream, and it will take ownership of the concentrates. Uranium American Resources, formerly Tonogold Resources, receives a revenue share on sales of uranium and other minerals recovered from the property. The waste treatment will proceed alongside the company's own development plans for Stateline, which it describes as the initial focus of its return to production. The company is also advancing its Sky and Marysvale projects.
DISA says it holds the only US Nuclear Regulatory Commission license to treat and recover abandoned uranium mine waste across multiple sites. The license allows operation at a given site only after the NRC reviews site-specific safety and environmental information. The three-party agreement also includes State Line Mineral Ventures LLC and grants DISA the right to use its patented high-pressure slurry ablation technology at Stateline, a cluster of more than 19 historic vanadium and uranium mines in Montrose County, Colorado, and San Juan County, Utah.
The scale of legacy waste is large. About 15,000 abandoned uranium mine waste sites have been documented, primarily in 14 states, according to a September 2025 NRC notice. US-origin material made up 7 percent of the 46.9 million pounds of uranium bought by US civilian reactor owners and operators in 2025, according to the Energy Information Administration. US mines produced about 2.1 million pounds of uranium concentrate in 2025, up from 657,000 pounds in 2024.
Source: Investing News Network - https://investingnews.com/uranium-american-disa-uranium-waste/