Overview
Stage
Permitting
Location
Colorado
Western Uranium & Vanadium Corp. is developing the Mustang Minerals Processing Facility to become a premier domestic uranium and vanadium processing hub. Strategically located in Montrose County, Colorado, the facility is integral to Western’s vertically integrated business model—allowing the Company to unlock the full value of its mining operations by bringing ore processing and yellowcake production in-house. This development marks a major milestone in Western’s evolution from a near-term producer to a fully integrated supplier of critical minerals essential to North America’s clean energy and defense sectors.
The site’s strategic advantages significantly de-risk the project and accelerate timelines. Mustang sits on the historic Pinon Ridge location, where a previous operator was issued a processing license twice by the Colorado Department of Public Health and Environment (CDPHE). This regulatory track record, combined with nine existing monitoring wells and three production wells already in place, gives Western a head start in securing its own processing license. Data collection and baseline validation are already underway, utilizing the extensive environmental and technical records inherited with the site’s acquisition.
From an investment standpoint, Mustang offers transformative upside. The facility will incorporate Western’s kinetic separation technology—a proprietary, non-chemical ore concentration process that enhances efficiency, lowers transport and milling costs, and reduces environmental impact. By upgrading ore prior to conventional milling, kinetic separation increases the profitability of lower-grade deposits and extends the life of Western’s resource base. With power on-site, paved road access, and an 880-acre land package that includes tailings capacity for 40 years of continuous operation, Mustang is positioned to become a long-life, high-margin asset.
The Mustang development aligns with growing national priorities: building out a secure, domestic nuclear fuel supply chain and reshoring strategic mineral production. As global uranium demand accelerates and geopolitical risks strain existing supply routes, Mustang enhances Western’s ability to deliver reliable, U.S.-sourced uranium and vanadium into the market. For investors, the project represents a near-term catalyst with long-term value creation potential.
Maverick Processing Site – Transitioning into a Kinetic Separation Hub
Western Uranium & Vanadium Corp. is repurposing its Maverick Processing Site in the Green River Industrial Park, Utah, into a dedicated kinetic separation hub—designed to serve as a regional pre-concentration center for uranium and vanadium ores. This strategic transition reflects Western’s focus on capital efficiency and innovative processing solutions. By concentrating ore at Maverick using proprietary kinetic separation technology, the Company can significantly reduce the cost of transporting and conventionally milling lower-grade ores, unlocking economic value from previously uneconomic deposits.
The Maverick site is ideally positioned to serve regional mines across Utah and Colorado, including Western’s own Sunday Mine Complex and other future satellite deposits. The facility will dramatically enhance throughput efficiency, increase head-grade for final milling, and lower the environmental footprint of downstream processing. With an emphasis on modularity and scalability, Maverick is expected to play a central role in Western’s broader strategy to optimize resource utilization and generate near-term cash flow while supporting the long-term growth of its Mustang Mineral Processing Facility. For investors, the Maverick hub represents a key infrastructure asset that accelerates production readiness, enhances margins, and strengthens Western’s position as a technology leader in the U.S. uranium and vanadium sectors.
