$BOE $100 Million Uranium Restart Near Broken Hill
Boss Energy has restarted the Honeymoon uranium mine in South Australia, more than a decade after the project was placed on care and maintenance. The site sits around 80 kilometres north of Broken Hill and was previously shut down in 2013 when uranium prices were too low to support operations.
New Technology Behind the Revival
As part of the restart, Boss Energy replaced the old solvent-extraction processing circuit with a modern ion-exchange plant designed to improve efficiency and lower operating costs. The company also developed new in-situ recovery wellfields to support long-term production.
A Rebuild Costing Well Over $100 Million
The restart and expansion program has required an investment exceeding $100 million, covering plant upgrades, new drilling, and expansion infrastructure. The company’s ramp-up has progressed quickly, with Honeymoon now producing uranium at its highest rates since reopening.
Favourable Market Conditions
The revival comes as global uranium demand strengthens and prices rise toward decade highs, driven by renewed interest in nuclear energy and concerns over fuel supply security. Higher prices have improved project economics, raising the question of whether Boss Energy has timed the restart perfectly.
A Strategic Play for Australia’s Energy Future
If production continues to scale as expected, Honeymoon could become a key Australian supplier of uranium, contributing to both export markets and the global shift toward low-emissions energy sources.
$BOE $100 Million Uranium Restart Near Broken Hill
Boss Energy has restarted the Honeymoon uranium mine in South Australia, more than a decade after the project was placed on care and maintenance. The site sits around 80 kilometres north of Broken Hill and was previously shut down in 2013 ... when uranium prices were too low to support operations.
New Technology Behind the Revival
As part of the restart, Boss Energy replaced the old solvent-extraction processing circuit with a modern ion-exchange plant designed to improve efficiency and lower operating costs. The company also developed new in-situ recovery wellfields to support long-term production.
A Rebuild Costing Well Over $100 Million
The restart and expansion program has required an investment exceeding $100 million, covering plant upgrades, new drilling, and expansion infrastructure. The company’s ramp-up has progressed quickly, with Honeymoon now producing uranium at its highest rates since reopening.
Favourable Market Conditions
The revival comes as global uranium demand strengthens and prices rise toward decade highs, driven by renewed interest in nuclear energy and concerns over fuel supply security. Higher prices have improved project economics, raising the question of whether Boss Energy has timed the restart perfectly.
A Strategic Play for Australia’s Energy Future
If production continues to scale as expected, Honeymoon could become a key Australian supplier of uranium, contributing to both export markets and the global shift toward low-emissions energy sources.
