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Marenica is an Australian listed exploration company with two broad areas of focus, uranium exploration and integration of our patented beneficiation process called U-pgrade™.

Our two uranium projects, the Marenica Uranium Project and Mile 72 Uranium Project, both located in Namibia, jointly cover around 350 square kilometres in a globally-recognised Erongo uranium province, and home to several world class uranium deposits including Trekkopje and Rossing. The Marenica Uranium Project has a large inferred uranium resource of 61 million pounds.

U-pgrade™ is Marenica's patented disruptive beneficiation process. Marenica believe it can revolutionise surficial uranium processing by reducing processing capital and operating costs by ~50% and making lower-grade projects much more competitive and financially viable.

Marenica has developed a three pronged strategy for advancing the Company:

  • Explore our own projects
  • Buy projects in which U-pgrade™ can add value
  • Application of U-pgrade™ to third party projects
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