Bannerman Energy Ltd (ASX:BMN) continued to develop its Etango uranium project in Namibia, with early works on water supply and site access completed in July, according to a Wednesday filing with the Australian bourse.
The company was awarded a 24-month bulk earthworks and construction power contracts, the filing stated. A tertiary crusher order placed and manufacture has started.
Bannerman Energy targets a positive financial investment decision on Etango in 2025, according to the filing.