What Consolidated Uranium does

Consolidated Uranium was a Canadian uranium exploration and development company founded in 2017 (per company disclosures) and headquartered in Vancouver. The company held a diversified portfolio of uranium projects across tier-one jurisdictions, including multiple projects in Saskatchewan's Athabasca Basin (with the flagship Larocque East/Hurricane deposit hosting the world's highest grade published Indicated Uranium Mineral Resource at 48.6Mlbs U3O8 at 34.5% grade), Quebec projects, US assets such as the fully developed and permitted Tony M Mine in Utah, and Australian projects including Wiluna and Ben Lomond. The business model is a pre-revenue B2B commodity model intended to sell uranium (and historically vanadium) concentrates to nuclear power utilities through direct sales and spot or contract markets at commodity prices once production is restarted or initiated.

In early 2024, Consolidated Uranium merged with IsoEnergy Ltd., becoming a wholly-owned subsidiary of IsoEnergy (TSX: ISO, NYSE: ISOU). Post-merger, IsoEnergy has continued to grow the platform via M&A, including the June 2026 acquisition of Toro Energy which added 75 Mlbs of uranium, while rationalizing the portfolio through the July 2026 sale of the Dieter-Lake project to UraniumX Discovery Corp. The company remains pre-revenue with no disclosed sales, and its near-term value driver is the progression of permitted and exploration-stage assets toward production, supported by a C$20M private placement in November 2021 with Energy Fuels Inc. as strategic partner. Leadership includes Co-Founder & Chairman Leigh Curyer, President & CEO Christopher McFadden, and CFO Janine Richardson, with headcount in the 11–50 range.

Name

Consolidated Uranium

Legal name

Consolidated Uranium Inc.

Website

https://consolidateduranium.com

Company type

Private

Founded year

2017

Operating status

Acquired

Headcount range

11–50 employees

Short description

Consolidated Uranium is a Canadian uranium exploration and development company, now operating as IsoEnergy Ltd., holding a diversified portfolio of uranium projects across Canada, the United States, and Australia, intended to supply uranium concentrates to nuclear power utilities.

Ownership category

akta.pro rank

Product category

Uranium Mining

SIC

Miscellaneous Metal Ores (1090)

akta.pro primary industry

Uranium Exploration & Resource Development (EUAKACAA)

akta.pro secondary industry

Uranium Mining & Milling (Yellowcake/U3O8 Production) (EUAKACAB)

Keywords

• Uranium mining
• Uranium exploration
• Mineral resource development
• Nuclear fuel supply
• Uranium concentrate production

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Uranium and Vanadium Sales: The company generates revenue through the extraction and sale of uranium and vanadium concentrates. Proceeds support development of uranium and vanadium mine projects, primarily in the U.S. and Canada.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Consolidated Uranium (now IsoEnergy) is a globally diversified uranium exploration and development company with a portfolio of uranium projects in Canada, the United States, and Australia. Its flagship asset is the Larocque East/Hurricane deposit in Saskatchewan, the world's highest grade Indicated Uranium Mineral Resource at 48.6Mlbs U3O8, alongside the fully permitted Tony M Mine in Utah. The company plans to sell uranium concentrate (U3O8) to nuclear power utilities to support their reactor fuel supply needs.

Product overview

IsoEnergy Ltd. (formerly Consolidated Uranium) is a globally diversified uranium company offering a portfolio of uranium exploration and development projects across multiple tier-one jurisdictions. The company's portfolio includes uranium projects at varying stages of development, from exploration to past-producing mines, spanning Canada (Saskatchewan's Athabasca Basin with the flagship Larocque East/Hurricane deposit, plus Quebec projects), the United States (including the fully permitted Tony M Mine in Utah), and Australia (including Wiluna, Ben Lomond, and other projects). The company provides near, medium, and long-term leverage to rising uranium prices through its diversified project portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Larocque East (Hurricane Deposit) Uranium development project in Saskatchewan's Athabasca Basin, Canada, hosting the Hurricane deposit — the world's highest grade published Indicated Uranium Mineral Resource at 48.6Mlbs U3O8 at 34.5% U3O8 grade, with an additional Inferred Mineral Resource of 2.7Mlbs at 2.2% U3O8. The property measures 375m long, 125m wide, and up to 12m thick, located 35 km northwest of Orano Canada's McClean Lake uranium mine and mill. Intended for development into a uranium concentrate (U3O8) source for nuclear power utilities.
• Tony M Mine Large-scale, fully developed and permitted past-producing underground uranium mine located in the Henry Mountain Basin, 5 miles north of Ticaboo, Utah, and 127 miles west of the White Mesa Mill. The mine features excellent surface facilities and 17 miles of existing underground development, requiring minimal refurbishment to bring back into production.
• Hawk Project Uranium exploration project located in Saskatchewan's Athabasca Basin, Canada, part of the company's diversified Canadian exploration portfolio.
• East Rim Project Uranium exploration project in Saskatchewan, Canada, contributing to the company's Athabasca Basin portfolio.
• Wiluna Project Uranium project in Australia, part of the company's Australian portfolio providing jurisdictional diversification across tier-one mining regions.
• Toro Energy Portfolio (75 Mlbs) Uranium resource portfolio acquired via the Toro Energy acquisition (completed June 25, 2026), adding 75 million pounds of uranium resources to the company's portfolio growth plan across Australian uranium assets.
• Uranium and Vanadium Concentrate (U3O8) The company's intended revenue product: uranium and vanadium concentrates sold to nuclear power utilities and energy markets as feedstock for nuclear reactor fuel. The company is pre-revenue and preparing for production restart across its portfolio.

Quantifiable outcome

• World's highest grade published Indicated Uranium Mineral Resource at Larocque East

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor and core.

• UraniumX Discovery Corp.minorOthers · 10 July 2026UraniumX Discovery Corp. signed a definitive purchase agreement to acquire the Dieter-Lake uranium project in northern Quebec from Consolidated Uranium Inc. (a wholly-owned subsidiary of IsoEnergy Ltd.). Following closing, IsoEnergy will hold approximately 15.6% of UraniumX and gain the right to nominate a director to the board.
• Energy Fuels Inc.coreStrategic or Co-development Partner · 22 November 2021Strategic transaction with Energy Fuels Inc. as part of the C$20 million private placement. Energy Fuels is a leading US uranium producer. The proceeds supported Consolidated Uranium's projects and acquisitions in uranium and vanadium mines primarily in the U.S.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Cameco Corporation: The world's largest publicly traded uranium producer, operating tier-one assets in the Athabasca Basin (Cigar Lake, McArthur River). Directly comparable to IsoEnergy/Consolidated Uranium as a Canadian uranium miner with high-grade underground resources and utility offtake contracts.
• Kazatomprom: The world's largest uranium producer, operating low-cost ISR mines in Kazakhstan. Comparable as a global uranium producer serving utility customers, though utilizing ISR rather than the underground mining approach of IsoEnergy's Athabasca assets.

Direct peers

• Energy Fuels Inc. Leading US uranium and vanadium producer and the strategic partner of Consolidated Uranium. Operates the White Mesa Mill (the only conventional uranium mill in the US) and holds neighboring Utah projects — directly overlapping in geography, commodity, and customer base.
• Denison Mines Corp. Athabasca Basin-focused uranium developer with the Wheeler River project (Phoenix and Gryphon deposits). Closest pure-play comparison to IsoEnergy/Consolidated Uranium given shared Saskatchewan jurisdiction, high-grade ISR/underground resources, and similar development stage.
• NexGen Energy Ltd. Athabasca Basin uranium developer anchored by the Arrow deposit, one of the largest undeveloped uranium resources globally. Comparable as a high-grade, tier-one Saskatchewan uranium developer at a similar pre-production stage.
• Uranium Energy Corp: US-focused uranium producer and developer with ISR projects in Wyoming and Texas plus holdings in Canada. Comparable as a North American uranium developer with a diversified jurisdictional footprint and a focus on near-term production.
• Paladin Energy Ltd. Australia-based uranium producer/developer with the Langer Heinrich Mine in Namibia and exploration assets in Australia. Overlaps with IsoEnergy's Australian portfolio (Wiluna, Ben Lomond) and shares exposure to uranium-price-driven restart economics.
• Boss Energy Ltd. Australian uranium developer that restarted the Honeymoon ISR mine in South Australia. Closely comparable to IsoEnergy's Australian projects as a jurisdiction-overlapping mid-cap uranium developer pursuing production restart.

Emerging players

• Bannerman Energy Ltd. Australia/Uranium-focused developer advancing the Etango project in Namibia. Comparable emerging uranium developer with a single flagship asset — useful as a peer for capital-intensity and project-NPV benchmarking.
• Peninsula Energy Ltd. US/Australian uranium developer restarting ISR operations at Lance in Wyoming. Comparable to IsoEnergy as a multi-jurisdictional uranium developer with a focus on near-term production restart in the US.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/consolidated-uranium

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Consolidated Uranium