ASX-listed Thor Energy hits over 1-year high on deal to process uranium

ReutersSep 4, 2025 12:36 AM

ASX-listed shares of Thor Energy THR.AX rise as much as 90% to A$0.019 to hit their highest level since July 12, 2024; last up 40%

Uranium explorer heading for best day since October 2020, if gains hold

Co signs term sheet with private equity-backed DISA Technologies

Co to evaluate and process uranium waste dumps at Colorado project in the U.S. to recover saleable uranium and other critical minerals concentrates

About 16.7 million shares change hands, 28.6 times the 30-day average

Stock up ~7% this year, including the day's move, vs loss of ~23% on Wednesday's close

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