- CEO
- Stephen G. Roman
- Full Time Employees
- 500
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 8 King Street East Toronto ON Canada M5C 1B5
- IPO Date
- Feb 27, 2007
- Business
- Global Atomic Corporation engages in uranium mine development and zinc concentrate production through its Uranium and Base Metals divisions. The company holds an 80% interest in the fully permitted Dasa Project, a high-grade sandstone-hosted uranium deposit in the Republic of Niger discovered by its geologists in 2010, which features indicated resources grading above 1,500 ppm U3O8 and targets initial yellowcake production in the first half of 2026 following plant commissioning; it also explores three additional uranium deposits in Niger. Through a 49% joint venture interest in Befesa Silvermet Turkey S.L. (BST), operated by Befesa Zinc S.A.U., Global Atomic processes electric arc furnace dust sourced from steel companies in Turkey via a Waelz kiln to produce high-grade zinc oxide concentrates sold to smelters worldwide. Founded in 1994 and headquartered in Toronto, Canada, the company trades on the TSX Venture Exchange under GLO, OTCQX under GLATF, and Frankfurt under G12, with operations spanning Niger and Turkey. Recent developments include the closure in October 2025 of an upsized C$37 million bought deal public offering to fund Dasa Project advancement; progression of Dasa construction with over 12,000 tonnes of development ore stockpiled, completion of major ventilation infrastructure, delivery of key processing equipment such as the acid plant and SAG mill, and earthworks nearing readiness for plant erection in Q3 2025; and confirmation of a US$295 million debt facility approval timeline from a U.S. development bank in early Q1 2025, covering 60% of project costs alongside four existing off-take agreements with nuclear utilities.