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FINWIRES

EnCore Wins 20-Year NRC License Renewal for South Dakota Uranium Project

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EnCore Energy (EU) secured a 20-year renewal of the Nuclear Regulatory Commission license for its Dewey Burdock uranium project, completing the federal permitting process, the company said Tuesday.

The license renewal followed the completion of the Nuclear Regulatory Commission's Safety Evaluation Report, which marked the final regulatory step. Earlier, the agency issued an Environmental Assessment, a Finding of No Significant Impact and a Programmatic Agreement, EnCore said.

Separately, the Bureau of Land Management cleared the company to begin building infrastructure on federally managed lands within the Dewey Burdock project, allowing construction activities to proceed on those lands.

The project still requires approvals from South Dakota before commercial operations can begin, even though enCore has now obtained every required federal permit, the company said.

EnCore has already started the state permitting process, which represents the final regulatory stage before the in-situ recovery uranium project can enter full operational status, the company said.

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$AMTX$AMZN$GPRE$OPAL
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