BetaShares Nasdaq 100 ETF – Currency Hedged (HNDQ)

Overview

GTI Energy Ltd is an exploration company specializing in mineral tenements primarily located in Wyoming and Utah, United States. Initially incorporated as GTI Resources Limited in 2007, the company underwent a name change to GTI Energy Ltd in May 2022, reflecting its growing focus and operations within the energy sector. Headquartered in Perth, Australia, GTI Energy is devoted to the exploration and development of uranium and vanadium projects, recognizing the increasing global demand for energy and the essential role these elements play in meeting that demand. The company leverages its strategic position in significant uranium districts, particularly the Great Divide Basin and Green Mountain in Wyoming, and the Henry Mountains in Utah, to explore opportunities within the nuclear energy sector. With the addition of the Lo Herma project located in the prolific Powder River Basin uranium district of Wyoming, GTI Energy Ltd is positioned as a key player in the exploration and potential development of vital energy resources in the United States.

Products and Services

• Uranium and Vanadium Exploration

GTI Energy Ltd engages in the exploration of uranium and vanadium, focusing on identifying and developing resource projects within these sectors. Uranium is a critical component in the nuclear energy sector, used as fuel for nuclear power plants, which are a significant source of low-carbon electrical generation. Vanadium, on the other hand, is regarded for its uses in strengthening steel and potential applications in emerging vanadium redox flow batteries, which are of interest for large-scale energy storage systems. GTI Energy's exploration activities in the Great Divide Basin and Green Mountain areas in Wyoming, and the Henry Mountains area in Utah, position the company to potentially supply these critical materials to the growing energy sector.

• Lo Herma Project

The Lo Herma project represents GTI Energy Ltd's strategic entry into Wyoming's Powder River Basin uranium district, one of the most prominent areas for uranium mining in the United States. This project underscores the company's commitment to expanding its portfolio within key uranium-producing regions, with the aim of exploring and eventually developing new uranium resources that can contribute to meeting the global energy demand securely and sustainably.