Extract Resources Limited (ASX and TSX code: EXT) is based in Perth, Western Australia.
The Company's primary business focus is in the African nation of Namibia, in which it has a large land position of 2653km2 over several licenses. While the projects have various mineral occurrences, Extract's main objective is based around the potential of the uranium (U3O8) rich provinces in Namibia, particularly within the alaskite belt that hosts the world class Rossing Mine.
Extract's aim is to explore, evaluate, develop and produce U3O8 from its advanced projects, as a source of fuel conversion for low-cost, environmentally friendly nuclear power. In doing so, Extract maintains a policy of quality environmental management and social and corporate responsibility in meeting its business objectives.