Discovering the Energy of Tomorrow
With high-value bitumen, geothermal and uranium assets
Latest News
STOCKHEAD: Greenvale Energy has wrapped up a $1.8m placement to begin exploring the Oasis uranium project in Queensland
– 24th March 2025
The Hole Truth Podcast – Episode 78 – Neil Biddle, Executive Chairman of Greenvale Energy
Our Projects
Oasis Project
Oasis was discovered during the 1970s uranium exploration push by International companies, most notably Esso whose subsequent work (1977-1979) defined high priority targets with only the Oasis deposit drill tested to date
Oasis occurs along a structure associated with a major crustal terrane boundary. (Lynd Mylonite Zone). The metamorphic host rocks, voluminous granite and leucogranite and deformation history share many of the characteristics that can be interpreted as Intrusive (Alaskite) style of uranium mineralisation. This is an exciting possibility, if further exploration continues to strengthen the analogy with world class uranium mines like the Rossing, Namibia.
Alpha Torbanite Project
Over $6.4M invested in drilling, resource definition, laboratory testing, mine planning and process design.
Completion of test program 5 achieving encouraging results on viscosity and elasticity of product
Test Program 6 planned to commence early 2025.
Uranium Exploration Projects
Greenvale has built a portfolio of 7 exploration permits in the Northern Territory, Australia.
Uranium is expected to play a key role in assisting the world in transitioning away from carbon based energy sources.
Geothermal Project
Geothermal energy production is undergoing significant technology breakthroughs in both the US and Europe. So much so that even Saudi Arabia a traditional oil powerhouse is developing geothermal energy.
Geothermal and nuclear energy are emerging as top choices to provide carbon-free power for AI data centres and mining cryptocurrency.
Why Uranium?
Increased Electricity Demand
AI-driven data centres are among the fastest-growing sources of electricity demand globally, with companies such as Microsoft, Google and Amazon aggressively expanding their data infrastructure. While DeepSeek’s efficiency improvements may reduce the energy cost, greater accessibility and affordability could enable AI to be deployed at a far larger scale. If AI becomes embedded in more applications, the energy needed by AI-related infrastructure will likely expand rather than contract. Nuclear energy is well-positioned to meet this demand, as it offers high-capacity, emission-free electricity generation that can support energy-intensive AI applications without the intermittency challenges of renewables
Current Supply Cannot Meet Future Demand.
With global uranium mine production well short of the world’s uranium reactor requirements, the supply deficit building over the next decade, and near-term supply inhibited by long lead times and capital intensity, we believe that new mines are critical
Why Bitumen?
- Potential to become a key domestic source of bitumen (almost all of Australia’s supply is imported)
- Development strategy based on the use of renewable power (geothermal) offset to deliver carbon neutral bitumen
- Opportunity to replace the current use of imported heavy crude oils in the Australian bitumen market
- Long term average importation of bitumen is approximately 764 million litres per annum or the equivalent of 787 million tonnes.
- Average C170 gate price in Queensland remains strong at over $1,500.
- Over 20% of our critical bitumen imports come from China.
- Recent extreme weather events (flooding) have seen increased demand for bituminous products for road repair and maintenance.
Greenvale Energy is an exploration company with permits in Queensland and Northern Territory.
Brisbane Office
Address: Level 7, Suite 2, 490 Upper Edward Street, Spring Hill, Queensland 4000, Australia