IsoEnergy and DISA Technologies Launch DISA Uranium Corporation

The newly formed entity combines IsoEnergy’s past-producing conventional mines—including the Tony M, Daneros, and Rim sites—with DISA’s patented HPSA technology. This specialized method is designed to recover uranium from abandoned mine waste, effectively cleaning up legacy environmental sites while simultaneously boosting production capacity. To facilitate this expansion, the company secured $105 million in private financing from a consortium of investors, including Tembo Capital, BHP Ventures, and Halliburton Labs. IsoEnergy contributed $33 million to the round, securing a 33% stake and maintaining its position as the company's largest shareholder.

Governance of the new corporation reflects its hybrid origin, with a seven-member board featuring leadership from both parent entities and industry experts, including former U.S. NRC Commissioner Jeffrey Merrifield. Operations will be headquartered in Casper, Wyoming. The company’s immediate strategy focuses on restarting conventional production at the Tony M Mine while deploying its recovery technology across various abandoned uranium sites. By integrating traditional extraction with waste remediation, DISA Uranium seeks to address the growing domestic demand for independent, U.S.-sourced nuclear fuel.