enCore Energy Corp. (“enCore” or the “Company”) (NASDAQ:EU; TSXV:EU), announced today that enCore Energy, a uranium producer in the State of Texas, is the newest member of the Texas Nuclear Alliance (“TNA”). enCore Energy, which operates two producing In-Situ Recovery (“ISR”) uranium plants, is the first uranium producer to join the Texas Nuclear Alliance.
Paul Goranson, enCore Energy’s Chief Executive Officer said, “enCore Energy’s leadership and contribution to supplying uranium to fuel the generation of clean energy through nuclear power in Texas and the United States is completely aligned with the mission of TNA. We are honored to partner with TNA as Texas continues to lead the way for clean energy generation and a growing nuclear energy sector in the United States.”
“TNA is proud to partner with enCore Energy and benefit from their In-Situ Recovery uranium production expertise, vital to strengthening the nuclear industry while providing clean energy for Texas and the United States,” said Texas Nuclear Alliance President Reed Clay. “New nuclear development will depend on a stable and secure fuel cycle and enCore’s South Texas production plants play a vital role in the energy security of Texas and the United States.”
About the Texas Nuclear Alliance
The Texas Nuclear Alliance is the only industry association in Texas dedicated to the advancement of nuclear technology in the state.
The Alliance was formed with a singular mission: to make Texas the Nuclear Capital of the World.
Formed in 2022 in the aftermath of Winter Storm Uri, the Alliance is based on the fundamental premise that if Texas and the world want low-carbon, reliable energy, it can no longer turn its back on nuclear energy. Nuclear is clean, safe, reliable, and secure.
About enCore Energy Corp.
enCore Energy Corp., America’s Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium producer with multiple production facilities in operation.
The enCore team is led by industry experts with extensive knowledge and experience in all aspects of In-Situ Recovery (“ISR”) uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.
Following upon enCore’s demonstrated production success in South Texas, future projects in enCore’s production pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming.
The Company holds other assets including significant New Mexico resources, non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments.
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