enCore Energy (TSE:EU) has released an update.
enCore Energy Corp., hailed as America’s newest uranium producer, has proudly announced its initial uranium shipment from the Rosita Central Processing Plant, marking a significant step in addressing the domestic uranium supply shortage for nuclear energy. This milestone is complemented by the execution of enCore’s fifth long-term sales contract, securing a steady revenue stream through committed sales until 2032. The company’s growth strategy is further bolstered by its plans to restart production at the Alta Mesa Plant in the second quarter of 2024, ensuring a continued contribution to America’s clean energy landscape.
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