License Renewal For South Texas ISR Uranium Central Processing Plants

DALLAS, TX - enCore Energy Corp. announced the approval of the renewal of the Radioactive Materials License its combined South Texas In-Situ Recovery (ISR) Uranium Central Processing Plants (CPP) at Rosita, Kingsville Dome, and Vasquez uranium projects. This renewed License was approved by the Executive Director of the Texas Commission on Environmental Quality (TCEQ) following an application submitted in April 2022 and amended in July 2022 to allow for the addition of two remote ion exchange (RIX) units at the Rosita CPP and Wellfield.

With the renewal, enCore also expects to be resuming uranium production at its Rosita CPP.  Initial production will come from the Rosita Extension, Production Area 5, using a newly constructed remote ion exchange unit located at the Wellfield. The uranium bearing ion exchange (IX) resin will be processed into yellowcake uranium produced at the Rosita CPP marking the first new uranium production in Texas in over a decade.

Paul Goranson, Chief Executive Officer, said, "We are pleased at the expeditious review by TCEQ, given the complexity of the application including updating the license, following a multi-decade timely renewal period. I also want to congratulate our Chief Operating Officer and his team for achieving a milestone essential to expanding satellite feed from our newly acquired projects to the Rosita CPP."