These short-term opportunities are augmented by our strong long term commitment to working with local indigenous communities in New Mexico where the company holds significant uranium resources. enCore Energy's opportunities are created from the Company's transformational acquisition of its two South Texas production facilities, the changing global uranium supply/demand outlook and opportunities for industry consolidation. The Company is led by a team of industry experts with extensive knowledge and experience in the development and operations of in situ recovery uranium operations. domestic uranium developer focused on becoming a leading in-situ recovery (ISR) uranium producer. UG USA, Inc., a subsidiary of Orano, is an international uranium trading company.ĮnCore Energy Corp. enCore successfully terminated this legacy agreement and committed to a mutually agreed cancellation fee. that was structured for market conditions in 2006. uranium assets from enCore acquired a legacy uranium sales agreement with UG USA, Inc. Within the acquisition of the Westwater Resources Inc. We truly appreciate our relationship with UG USA and are excited to execute our first uranium sales agreement as enCore fulfills its strategy to become America's newest ISR uranium producer." The Agreement also allows us to leverage to what we expect will be a significantly improved uranium market. The uranium sales agreement, immediately secures a customer for a portion of our expected production. Paul Goranson, enCore Energy Chief Executive Officer said, "We recently provided an update on our South Texas Production Facilities that outlined our production strategy. (' enCore ' or the ' Company ') (NYSE: EU) (TSXV: EU)) today announced that enCore's Chief Operating Officer, Peter. ('enCore' or the 'Company') (NYSE: EU) (TSXV: EU)) today announced that enCore’s Chief Operating Officer, Peter Luthiger, testifies today before the Texas State House Committee on Natural Resources regarding two bills of importance to the uranium industry. The 5-year Agreement covers 2 million pounds U 3O 8 of produced uranium with significant delivery flexibility for market related pricing. CORPUS CHRISTI, Texas, Ap/CNW/ - enCore Energy Corp. CORPUS CHRISTI, Texas, Ap/CNW/ enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (the " Company") is pleased to announce, as stated in the Company's objective to advance its South Texas uranium facilities towards production, enCore has executed a uranium purchase and sales agreement ("Agreement") with UG USA, Inc. GET IN TOUCH WITH ONCOR As the largest energy provider in Texas serving more than 13 million customers, we take our commitment to you seriously. 4, 2021 /PRNewswire/ - enCore Energy Corp. The company also owns proprietary uranium databases and works with local communities and indigenous governments to ensure positive impacts from corporate developments.CORPUS CHRISTI, Texas, Aug. enCore’s team of industry experts has extensive experience in all aspects of ISR uranium operations and the nuclear fuel cycle. The company plans to begin uranium production at its licensed South Texas Rosita and Alta Mesa Processing Plants in 20, respectively, with future projects in South Dakota and Wyoming. ISR is a non-invasive process that uses natural groundwater and oxygen, combined with an ion exchange process, to extract uranium. CORPUS CHRISTI, Texas, Ap/PRNewswire/ - enCore Energy Corp. The plant is a fully licensed and constructed ISR uranium project and central processing f. 1/2 OncorWeatherCurrent Severe Weather Update - Oncor teams continue to monitor the potential for severe weather across parts of central, north, & east Texas. aims to produce clean, affordable, and reliable domestic nuclear energy by using In-Situ Recovery (ISR) for uranium extraction, a proven technology developed by the company’s leaders. enCore Energy (NYSEAMEX: EU) has announced plans to resume uranium production at its Alta Mesa plant in 2024. (TSXV: EU) (NYSE American: EU):ĮnCore Energy Corp. This advertisement has not loaded yet, but your article continues below.
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